Parkson Retail Asia Limited (SG:O9E) has released an update.
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Parkson Retail Asia Limited reports a slight decrease in profit before tax for the first half of 2024, attributing the dip to lower sales compared to the previous year. The company has received a second 12-month extension to December 2024 to meet the SGX-ST Watch-List exit criteria. In response, Parkson Retail is focusing on operational efficiency, store productivity, cost management, and exploring new store opportunities to improve performance.
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