Parkson Retail Group Ltd operates in the Department stores sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Parkson Retail Group Ltd with three other
companies in this sector in CHINA :
Fujian Dongbai Group Co Ltd
(2019
sales of 4.05 billion Chinese Renmimbi [US$617.50 million]
of which 79%
was Commodity Retail),
Beijing Cuiwei Tower Co Ltd
(4.93 billion Chinese Renmimbi [US$750.92 million]
of which 85%
was Department store business), and
Xinjiang Winka Times Department Store Co Ltd
(4.40 billion Chinese Renmimbi [US$671.15 million]
of which 91%
was Main Business).
Sales Analysis.
Parkson Retail Group Ltd reported sales of 4.57 billion Chinese Renmimbi (US$696.10 million)
for the
year ending
December of 2019.
This
represents
an
increase of 4.5%
versus 2018, when the company's sales were 4.37 billion Chinese Renmimbi.
This was the third consecutive year of growth at Parkson Retail Group Ltd.
The sales level in 2019 was fairly close to the level five years ago: in 2014, Parkson Retail Group Ltd had sales
of 4.52 billion Chinese Renmimbi.
Sales of Credit Services saw an increase
that was more than double the company's growth rate: sales were up
492.7% in 2019, from
9.64 million Chinese Renmimbi to 57.15 million Chinese Renmimbi.
Parkson Retail Group Ltd also saw significant increases in sales in
Consulting and Management Service Fees (up 36.1% to 12.26 million Chinese Renmimbi)
.
Not all segments of Parkson Retail Group Ltd experienced an increase in sales in 2019:
sales of Commissions From Concessionaire Sales fell 12.0% to 1.43 billion Chinese Renmimbi.
Parkson Retail Group Ltd also experienced decreases in sales in
Gross Rental Income (down 11.8% to 357.95 million Chinese Renmimbi)
.