Parkson Retail Asia (SGX:O9E) swung to an attributable loss of SG$100,000 during the second quarter of the year, against an attributable profit of SG$4.7 million a year earlier, according to a filing with the Singapore Exchange on Tuesday.
Shares of the company plunged nearly 22% in recent trading.
Loss per share came in at SG$0.0001 compared with earnings per share of SG$0.007 in the comparable period.
Revenue declined 13% year over year to SG$42.3 million from SG$48.6 million.
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