Parkson Group (03368.HK) announced that the total operating income for the six months ended June 30, 2024 was RMB 1.945 billion, a year-on-year decrease of 12.3%. The same-store sales decreased by 13.3% during the period. The total sales proceeds (including value-added tax) for the period amounted to RMB 4.693 billion, a year-on-year decrease of 12.5%. The operating profit for the period was RMB 0.194 billion, a decrease of RMB 71 million from RMB 0.265 billion in the same period last year. The company's attributable loss for the period was RMB 18.6 million, while the attributable profit for the same period last year was RMB 63.1 million. A mid-term dividend of RMB 0.02 per share has been declared.

During the period, the group's total sales proceeds amounted to RMB 4.693 billion (including value-added tax), a decrease of 12.5% from the same period last year. This decrease was mainly due to the lower-than-expected economic recovery, leading to consumer downgrading and making consumers more cautious when spending.