Parkson's net profit soars on property, F&B


Tan Sri William Cheng

PETALING JAYA: Tan Sri William Cheng’s (pic) Parkson Holdings Bhd reported a net profit that leaped 332.29% to RM110.61mil on the back of a 3.54% jump in revenue to RM981.68mil for the second quarter to Dec 31, 2014. Earnings per share increased to 10.24 sen from 2.38 sen.

The better earnings were a result of its “property and others division”, which was attributable to the group’s newly-acquired subsidiaries involved in the food and beverage businesses.

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Business , Parkson , property , retailing

   

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