Parkson Retail Group Limited (3368) released its audited annual results for the year ended 31 December 2025. According to the announcement, total operating revenues reached RMB3,698.10 million, reflecting a year-on-year decrease of 0.8%. Same Store Sales experienced a 16.6% decrease, while total Gross Sales Proceeds (inclusive of value-added tax) stood at RMB7,745.60 million, down 10.9% year-on-year.

Operating profit amounted to RMB262.00 million, marking a 7.0% increase compared to the previous year. The Company reported a loss attributable to owners of RMB185.90 million.

Management noted that consumer spending in the People’s Republic of China has been cautious in 2025 amid a shifting macroeconomic environment. The Group continued its strategy of reshaping physical outlets into “lifestyle innovation destinations,” introducing new stores such as Datong Parkson Outlets and Mianyang Shangma Parkson, as well as upgrading existing locations. In addition, underperforming stores were phased out to improve overall store performance.

As of 31 December 2025, Parkson Retail Group Limited and its associates operated 40 stores (including department stores, shopping malls, outlets, and supermarkets) across 23 cities in the PRC and Laos, along with 2 Parkson Newcore City Malls. Looking ahead, the Company intends to maintain a focus on adjusting its retail formats and managing costs, while pursuing what it describes as a strategic transformation to better align with evolving consumer demands.