Parkson Retail Asia Ltd
SGX:O9E
Income Statement
Earnings Waterfall
Parkson Retail Asia Ltd
Income Statement
Parkson Retail Asia Ltd
| Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
7
|
16
|
24
|
29
|
0
|
0
|
11
|
0
|
16
|
30
|
14
|
12
|
11
|
14
|
13
|
12
|
11
|
12
|
11
|
10
|
10
|
12
|
0
|
0
|
0
|
|
| Revenue |
367
N/A
|
384
+5%
|
408
+6%
|
426
+4%
|
434
+2%
|
449
+4%
|
450
+0%
|
452
+0%
|
447
-1%
|
442
-1%
|
438
-1%
|
436
0%
|
432
-1%
|
433
+0%
|
433
+0%
|
443
+2%
|
429
-3%
|
412
-4%
|
398
-3%
|
379
-5%
|
388
+2%
|
389
+0%
|
397
+2%
|
397
+0%
|
413
+4%
|
410
-1%
|
411
+0%
|
417
+1%
|
414
-1%
|
415
+0%
|
414
0%
|
410
-1%
|
399
-3%
|
385
-3%
|
371
-4%
|
339
-9%
|
269
-20%
|
244
-9%
|
198
-19%
|
173
-12%
|
178
+3%
|
138
-23%
|
240
+74%
|
143
-41%
|
177
+24%
|
213
+20%
|
231
+8%
|
242
+5%
|
235
-3%
|
234
-1%
|
222
-5%
|
223
+1%
|
214
-4%
|
213
-1%
|
215
+1%
|
220
+2%
|
214
-3%
|
211
-1%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(152)
|
(157)
|
(164)
|
(168)
|
(173)
|
(176)
|
(179)
|
(179)
|
(182)
|
(179)
|
(174)
|
(173)
|
(167)
|
(166)
|
(164)
|
(169)
|
(158)
|
(152)
|
(147)
|
(139)
|
(144)
|
(148)
|
(154)
|
(156)
|
(165)
|
(168)
|
(171)
|
(176)
|
(178)
|
(180)
|
(179)
|
(178)
|
(170)
|
(162)
|
(154)
|
(136)
|
(107)
|
(93)
|
(74)
|
(65)
|
(64)
|
(49)
|
(88)
|
(45)
|
(55)
|
(65)
|
(71)
|
(74)
|
(74)
|
(76)
|
(72)
|
(72)
|
(70)
|
(69)
|
(68)
|
(68)
|
(67)
|
(66)
|
|
| Gross Profit |
216
N/A
|
227
+5%
|
245
+8%
|
258
+5%
|
260
+1%
|
273
+5%
|
272
-1%
|
273
+1%
|
265
-3%
|
264
-1%
|
264
+0%
|
264
0%
|
265
+0%
|
267
+1%
|
270
+1%
|
274
+2%
|
271
-1%
|
260
-4%
|
251
-4%
|
240
-4%
|
244
+2%
|
241
-1%
|
243
+1%
|
241
-1%
|
248
+3%
|
242
-2%
|
241
-1%
|
242
+0%
|
236
-2%
|
235
0%
|
234
0%
|
232
-1%
|
229
-2%
|
223
-2%
|
218
-3%
|
203
-7%
|
162
-20%
|
151
-7%
|
124
-18%
|
108
-13%
|
114
+5%
|
89
-22%
|
152
+72%
|
98
-36%
|
122
+25%
|
149
+21%
|
160
+8%
|
169
+5%
|
161
-5%
|
158
-2%
|
150
-5%
|
151
+1%
|
144
-5%
|
143
0%
|
146
+2%
|
152
+4%
|
146
-4%
|
145
-1%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(166)
|
(171)
|
(184)
|
(184)
|
(165)
|
(187)
|
(176)
|
(180)
|
(177)
|
(179)
|
(180)
|
(182)
|
(183)
|
(189)
|
(195)
|
(197)
|
(194)
|
(192)
|
(189)
|
(190)
|
(199)
|
(204)
|
(210)
|
(214)
|
(217)
|
(221)
|
(224)
|
(228)
|
(223)
|
(220)
|
(217)
|
(212)
|
(204)
|
(192)
|
(182)
|
(170)
|
(145)
|
(134)
|
(119)
|
(110)
|
(105)
|
(94)
|
(135)
|
(71)
|
(73)
|
(77)
|
(83)
|
(88)
|
(87)
|
(86)
|
(83)
|
(82)
|
(81)
|
(82)
|
(88)
|
(90)
|
(91)
|
(93)
|
|
| Selling, General & Administrative |
(155)
|
(109)
|
(116)
|
(125)
|
(146)
|
(138)
|
(143)
|
(147)
|
(158)
|
(159)
|
(160)
|
(162)
|
(163)
|
(168)
|
(174)
|
(176)
|
(174)
|
(171)
|
(168)
|
(168)
|
(176)
|
(180)
|
(186)
|
(189)
|
(189)
|
(193)
|
(196)
|
(200)
|
(193)
|
(191)
|
(189)
|
(184)
|
(179)
|
(153)
|
(129)
|
(101)
|
(66)
|
(61)
|
(51)
|
(46)
|
(43)
|
(41)
|
(58)
|
(34)
|
(35)
|
(37)
|
(37)
|
(45)
|
(46)
|
(47)
|
(44)
|
(42)
|
(42)
|
(41)
|
(44)
|
(45)
|
(45)
|
(46)
|
|
| Depreciation & Amortization |
(15)
|
(16)
|
(16)
|
(17)
|
(19)
|
(19)
|
(20)
|
(20)
|
(20)
|
(20)
|
(20)
|
(20)
|
(20)
|
(21)
|
(21)
|
(21)
|
(20)
|
(21)
|
(21)
|
(22)
|
(22)
|
(23)
|
(25)
|
(26)
|
(28)
|
(28)
|
(28)
|
(28)
|
(29)
|
(29)
|
(28)
|
(28)
|
(25)
|
(39)
|
(53)
|
(69)
|
(78)
|
(76)
|
(71)
|
(68)
|
(65)
|
(60)
|
(86)
|
(105)
|
(104)
|
(101)
|
(46)
|
(44)
|
(42)
|
(40)
|
(39)
|
(39)
|
(40)
|
(41)
|
(44)
|
(45)
|
(46)
|
(46)
|
|
| Other Operating Expenses |
5
|
(46)
|
(51)
|
(42)
|
0
|
(30)
|
(14)
|
(13)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
3
|
3
|
3
|
3
|
7
|
10
|
68
|
65
|
62
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Operating Income |
50
N/A
|
56
+12%
|
61
+9%
|
74
+20%
|
96
+30%
|
86
-10%
|
95
+11%
|
93
-3%
|
88
-6%
|
84
-4%
|
84
0%
|
82
-3%
|
81
0%
|
79
-3%
|
75
-5%
|
77
+3%
|
76
-1%
|
68
-11%
|
62
-9%
|
50
-19%
|
46
-9%
|
38
-17%
|
33
-14%
|
27
-18%
|
31
+17%
|
21
-32%
|
17
-21%
|
14
-20%
|
13
-4%
|
15
+14%
|
18
+18%
|
21
+18%
|
25
+21%
|
31
+25%
|
36
+14%
|
33
-9%
|
18
-46%
|
17
-3%
|
5
-68%
|
(2)
N/A
|
9
N/A
|
(6)
N/A
|
17
N/A
|
27
+56%
|
49
+81%
|
72
+46%
|
77
+7%
|
80
+4%
|
74
-8%
|
72
-3%
|
67
-7%
|
70
+5%
|
63
-10%
|
61
-2%
|
59
-5%
|
62
+6%
|
55
-10%
|
52
-6%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
1
|
(1)
|
(1)
|
(0)
|
8
|
0
|
0
|
1
|
6
|
6
|
6
|
6
|
7
|
7
|
7
|
6
|
6
|
7
|
8
|
9
|
5
|
3
|
3
|
3
|
4
|
3
|
3
|
3
|
2
|
1
|
0
|
0
|
4
|
(5)
|
(14)
|
(21)
|
(25)
|
(24)
|
(21)
|
(19)
|
(21)
|
(19)
|
(24)
|
(10)
|
(9)
|
(7)
|
(12)
|
(11)
|
(11)
|
(11)
|
(9)
|
(9)
|
(9)
|
(8)
|
(8)
|
(8)
|
(8)
|
(7)
|
|
| Non-Reccuring Items |
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
46
|
46
|
46
|
47
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(38)
|
(41)
|
(42)
|
17
|
36
|
41
|
40
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
|
| Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
0
|
0
|
0
|
(14)
|
(41)
|
(25)
|
(36)
|
(33)
|
(41)
|
(40)
|
(40)
|
(41)
|
(43)
|
(44)
|
(44)
|
(45)
|
(124)
|
(121)
|
(126)
|
(134)
|
(62)
|
(65)
|
(64)
|
(59)
|
(82)
|
(78)
|
(74)
|
(70)
|
(56)
|
(54)
|
(52)
|
(52)
|
(59)
|
(57)
|
(60)
|
(57)
|
(76)
|
(73)
|
(65)
|
(61)
|
49
|
53
|
(6)
|
24
|
(47)
|
(48)
|
(20)
|
(19)
|
(20)
|
(20)
|
(17)
|
(16)
|
(15)
|
(15)
|
(17)
|
(15)
|
(15)
|
(15)
|
|
| Pre-Tax Income |
52
N/A
|
55
+7%
|
60
+9%
|
60
-1%
|
63
+5%
|
61
-3%
|
59
-2%
|
60
+1%
|
53
-12%
|
50
-4%
|
50
-1%
|
47
-6%
|
46
-3%
|
42
-9%
|
38
-8%
|
39
+2%
|
(41)
N/A
|
0
N/A
|
(10)
N/A
|
(29)
-202%
|
35
N/A
|
(23)
N/A
|
(28)
-24%
|
(29)
-5%
|
(47)
-61%
|
(54)
-15%
|
(55)
-2%
|
(54)
+2%
|
(40)
+25%
|
(38)
+5%
|
(34)
+10%
|
(31)
+10%
|
(30)
+2%
|
(31)
-1%
|
(38)
-24%
|
(46)
-21%
|
(84)
-81%
|
(80)
+4%
|
(81)
-1%
|
(120)
-49%
|
(5)
+96%
|
(14)
-175%
|
4
N/A
|
77
+1 624%
|
35
-55%
|
57
+64%
|
46
-20%
|
50
+8%
|
43
-13%
|
42
-4%
|
41
-2%
|
45
+10%
|
39
-12%
|
38
-3%
|
35
-7%
|
39
+10%
|
33
-16%
|
30
-7%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(16)
|
(17)
|
(19)
|
(18)
|
(18)
|
(18)
|
(17)
|
(18)
|
(15)
|
(14)
|
(14)
|
(13)
|
(14)
|
(13)
|
(14)
|
(14)
|
(12)
|
(10)
|
(7)
|
(2)
|
(6)
|
(4)
|
(4)
|
(4)
|
(14)
|
(15)
|
(15)
|
(15)
|
(4)
|
(4)
|
(4)
|
(5)
|
(4)
|
(3)
|
(2)
|
1
|
(1)
|
(1)
|
1
|
0
|
4
|
3
|
0
|
(5)
|
(11)
|
(13)
|
(15)
|
(16)
|
(14)
|
(14)
|
(11)
|
(12)
|
(11)
|
(11)
|
(11)
|
(12)
|
(10)
|
(10)
|
|
| Income from Continuing Operations |
36
|
39
|
42
|
42
|
45
|
43
|
42
|
42
|
38
|
36
|
36
|
34
|
32
|
28
|
24
|
25
|
(53)
|
(10)
|
(16)
|
(32)
|
29
|
(26)
|
(32)
|
(33)
|
(61)
|
(69)
|
(70)
|
(68)
|
(44)
|
(42)
|
(39)
|
(36)
|
(35)
|
(33)
|
(40)
|
(45)
|
(85)
|
(81)
|
(80)
|
(120)
|
(1)
|
(11)
|
5
|
72
|
24
|
44
|
31
|
34
|
29
|
28
|
30
|
33
|
28
|
27
|
24
|
27
|
22
|
21
|
|
| Income to Minority Interest |
(1)
|
(1)
|
(1)
|
(1)
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
2
|
2
|
3
|
3
|
3
|
18
|
18
|
17
|
17
|
2
|
2
|
2
|
2
|
3
|
3
|
3
|
3
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
|
| Net Income (Common) |
35
N/A
|
38
+8%
|
41
+7%
|
41
+1%
|
46
+10%
|
44
-4%
|
43
-1%
|
44
+0%
|
39
-10%
|
38
-3%
|
38
+1%
|
36
-6%
|
34
-4%
|
31
-10%
|
28
-11%
|
28
+1%
|
(35)
N/A
|
8
N/A
|
1
-92%
|
(15)
N/A
|
30
N/A
|
(25)
N/A
|
(30)
-21%
|
(31)
-6%
|
(58)
-85%
|
(66)
-13%
|
(67)
-1%
|
(66)
+2%
|
(43)
+35%
|
(41)
+4%
|
(38)
+7%
|
(36)
+6%
|
(35)
+3%
|
(33)
+4%
|
(40)
-22%
|
(45)
-12%
|
(85)
-87%
|
(81)
+4%
|
(80)
+2%
|
(120)
-51%
|
(1)
+99%
|
(11)
-677%
|
14
N/A
|
81
+489%
|
33
-59%
|
53
+60%
|
29
-46%
|
34
+18%
|
29
-15%
|
28
-4%
|
25
-9%
|
28
+12%
|
24
-15%
|
23
-5%
|
24
+6%
|
27
+11%
|
22
-18%
|
20
-7%
|
|
| EPS (Diluted) |
0.06
N/A
|
0.07
+17%
|
0.07
N/A
|
0.07
N/A
|
0.07
N/A
|
0.07
N/A
|
0.07
N/A
|
0.06
-14%
|
0.06
N/A
|
0.06
N/A
|
0.06
N/A
|
0.06
N/A
|
0.05
-17%
|
0.04
-20%
|
0.04
N/A
|
0.04
N/A
|
-0.05
N/A
|
0.01
N/A
|
-0.01
N/A
|
-0.03
-200%
|
0.04
N/A
|
-0.04
N/A
|
-0.04
N/A
|
-0.04
N/A
|
-0.09
-125%
|
-0.09
N/A
|
-0.09
N/A
|
-0.09
N/A
|
-0.06
+33%
|
-0.06
N/A
|
-0.06
N/A
|
-0.05
+17%
|
-0.05
N/A
|
-0.05
N/A
|
-0.06
-20%
|
-0.07
-17%
|
-0.13
-86%
|
-0.12
+8%
|
-0.12
N/A
|
-0.18
-50%
|
0
N/A
|
-0.02
N/A
|
0.01
N/A
|
0.11
+1 000%
|
0.04
-64%
|
0.07
+75%
|
0.05
-29%
|
0.05
N/A
|
0.04
-20%
|
0.04
N/A
|
0.04
N/A
|
0.05
+25%
|
0.04
-20%
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.03
-25%
|
0.03
N/A
|
|