---
title: "PARKSON GROUP released its annual performance report, with a shareholder loss of 175 million yuan, turning from profit to loss year-on-year"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/228989259.md"
description: "PARKSON GROUP released its annual performance for the year ending December 31, 2024, with total operating revenue of 3.727 billion yuan, a year-on-year decrease of 10.79%. The loss attributable to shareholders was 175 million yuan, compared to a profit of 66.413 million yuan in the same period last year, marking a shift from profit to loss. The basic loss per share was 0.066 yuan. The announcement pointed out that total sales revenue decreased by 13.8% to 8.697 billion yuan, mainly due to economic recovery being below expectations, consumers being more cautious in spending, and same-store sales declining by 16.1%"
datetime: "2025-02-20T08:52:08.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/228989259.md)
  - [en](https://longbridge.com/en/news/228989259.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/228989259.md)
---

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# PARKSON GROUP released its annual performance report, with a shareholder loss of 175 million yuan, turning from profit to loss year-on-year

According to the Zhitong Finance APP, PARKSON GROUP (03368) announced its annual performance for the year ending December 31, 2024, with total operating revenue of RMB 3.727 billion, a year-on-year decrease of 10.79%; a loss attributable to shareholders of RMB 175 million, compared to a profit attributable to shareholders of RMB 66.413 million in the same period last year, turning from profit to loss; basic loss per share of RMB 0.066.

The announcement stated that in 2024, the total sales revenue (including value-added tax) decreased by 13.8% to RMB 8.697 billion. The decline in total sales revenue was due to the economic recovery being lower than expected, leading to consumption downgrade, which made consumers more cautious in their spending. Same-store sales decreased by 16.1% in 2024

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- [PARKSON GROUP (03368.HK)](https://longbridge.com/zh-HK/quote/03368.HK.md)

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