Financial Performance - Total operating revenue for the six months ended June 30, 2024, was RMB 1,944.7 million, a decrease of 12.3% compared to RMB 2,218.2 million in the same period last year[1]. - Same-store sales declined by 13.3% during the period[1]. - Total sales revenue (including VAT) for the period was RMB 4,692.8 million, down 12.5% year-on-year[1]. - Operating profit for the period was RMB 193.8 million, a decrease of RMB 71.0 million from RMB 264.8 million in the previous year[1]. - The loss attributable to equity holders of the company was RMB 18.6 million, compared to a profit of RMB 63.1 million in the same period last year[1]. - Total revenue for the six months ended June 30, 2024, was RMB 4,222,156 thousand, a decrease of 12.5% compared to RMB 4,823,689 thousand for the same period in 2023[10]. - Self-operated sales amounted to RMB 995,320 thousand, down 14.5% from RMB 1,164,266 thousand in the previous year[10]. - Total sales from licensed counters were RMB 2,624,925 thousand, a decline of 12.6% from RMB 3,003,808 thousand in 2023[10]. - Other operating income, including consulting and management service fees, rental income, and credit service income, totaled RMB 601,911 thousand, down 8.2% from RMB 655,615 thousand[10]. - The group reported a pre-tax loss of RMB 220,404 thousand for the six months ended June 30, 2024, compared to a loss of RMB 221,860 thousand in the same period of 2023[19]. - The income tax expense for the current period was RMB 40,036 thousand, significantly lower than RMB 79,058 thousand in the previous year[20]. - The group’s employee costs totaled RMB 239,663 thousand, a decrease of 4.2% from RMB 250,802 thousand in the prior year[16]. - Rental income from investment properties was RMB 304,601 thousand, down from RMB 341,058 thousand in the previous year[17]. - Financing income for the six months was RMB 22,816 thousand, compared to RMB 27,444 thousand in the same period of 2023[19]. - The company recorded total sales revenue of RMB 4,692.8 million for the six months ended June 30, 2024, a decrease of 12.5% compared to the same period last year[27]. - Same-store sales decreased by 13.3% during the review period[27]. - Operating profit for the period was RMB 193.8 million, down from RMB 264.8 million in the previous year, representing a decrease of RMB 71.0 million[27]. - Pre-tax loss for the first half of 2024 was RMB 17.8 million, compared to a pre-tax profit of RMB 60.6 million in the same period last year[43]. - The company recorded a net loss attributable to shareholders of RMB 18.6 million in the first half of 2024, compared to a profit of RMB 63.1 million in the same period last year[46]. - Employee costs decreased by 4.4% to RMB 239.7 million in the first half of 2024, while same-store employee costs fell by 4.7%[35]. - Other operating expenses decreased by 3.1% to RMB 346.8 million in the first half of 2024, primarily due to the closure of underperforming businesses[38]. Assets and Liabilities - Non-current assets totaled RMB 8,202.7 million as of June 30, 2024, compared to RMB 8,041.7 million as of December 31, 2023[4]. - Current liabilities amounted to RMB 2,472.8 million, down from RMB 2,841.8 million at the end of the previous year[4]. - Total equity attributable to equity holders was RMB 3,268.8 million as of June 30, 2024, compared to RMB 3,317.1 million at the end of 2023[6]. - As of June 30, 2024, trade receivables amounted to RMB 816.6 million, compared to RMB 681.1 million as of December 31, 2023[23]. - Trade payables as of June 30, 2024, totaled RMB 514.5 million, down from RMB 702.6 million as of December 31, 2023[24]. - Current assets amount to RMB 2,780.5 million as of June 30, 2024, while net assets are RMB 3,268.8 million[49]. - The fair value of financial assets measured at fair value through profit or loss is RMB 68.2 million, representing approximately 0.6% of the group's total assets as of June 30, 2024[50]. - Pledged accounts receivable as of June 30, 2024, total RMB 211.5 million, with pledged properties and investment properties valued at RMB 1,348.4 million and RMB 534.2 million, respectively[51]. - As of June 30, 2024, the total debt to total assets ratio of the group is 24.8%, an increase from 22.5% as of December 31, 2023[48]. Corporate Actions and Governance - The company declared an interim dividend of RMB 0.02 per share[1]. - The board has approved an interim dividend of RMB 0.02 per share, to be paid in Hong Kong dollars[22]. - The company plans to open three new stores in Kunming, Datong, and Mianyang between the second half of 2024 and 2026, expanding its business footprint[28]. - The company has signed lease agreements for stores in Guiyang, Shenyang, and Harbin, with plans for renovations to enhance store image and customer experience[28]. - The group has not purchased, sold, or redeemed any of its listed securities during the six months ending June 30, 2024[52]. - The company has fully complied with the corporate governance code as per the Hong Kong Stock Exchange listing rules as of June 30, 2024[53]. - The audit committee has reviewed the unaudited condensed consolidated financial statements for the six months ending June 30, 2024[55]. - The mid-term report containing all information required by the listing rules will be sent to shareholders and published on the Hong Kong Stock Exchange and the company's website[56]. - The group expresses gratitude to the board, management, and all employees for their contributions and support from shareholders and business partners[57]. - The announcement is made by the executive director and chairman of the company, reflecting the leadership structure as of August 26, 2024[58]. Market Strategy and Adaptation - The company operates and manages department stores, shopping centers, outlet malls, and supermarket networks in China, and provides credit services in Malaysia[7]. - The company aims to adapt to changing market demands and consumer behavior while leveraging its extensive operational experience[26]. - Gross margin for merchandise sales decreased from 13.5% in the first half of 2023 to 13.2% in the first half of 2024[32]. - Net financing costs decreased by RMB 1.5 million or 0.7% to RMB 220.4 million in the first half of 2024[40].

Revenue Performance - For the three months ended March 30, 2024, the total operating revenue was RMB 1,052.8 million, a decrease of RMB 53.2 million or 4.8% compared to the same period last year[1]. - The total sales revenue (including VAT) for the same period was RMB 2,666.5 million, down 7.3% year-on-year, primarily due to a shift in consumer behavior post-pandemic[7]. - Same-store sales decreased by 10.3% compared to the same period last year[7]. - Total sales for the three months ended March 30, 2024, amounted to RMB 2,094.7 million, a decrease of 10.2% from RMB 2,331.4 million in the same period of 2023[37]. Profitability - Operating profit for the three months was RMB 143.9 million, an increase of RMB 39.7 million or 38.1% from RMB 104.2 million in the same period last year[1]. - The profit attributable to the owners of the company was RMB 19.1 million, down from RMB 26.6 million in the same period last year[22]. - The total operating expenses, excluding procurement and inventory changes, decreased by RMB 24.9 million or 5.5% to RMB 427.7 million for the three months ended March 30, 2024[38]. Market Expansion - The group opened a new supermarket in Mianyang, Sichuan Province, in January 2024, indicating ongoing market expansion efforts[8]. - The group operates 43 Parkson stores across 28 cities in China and Laos as of March 30, 2024[40]. Financial Position - Non-current liabilities included interest-bearing bank borrowings of RMB 148.9 million as of March 30, 2024, compared to RMB 2,330.6 million as of December 30, 2023[5]. - Current liabilities amounted to RMB 4,797.4 million as of March 30, 2024, compared to RMB 2,841.8 million as of December 31, 2023[28]. - Non-current assets as of March 30, 2024, totaled RMB 7,995.4 million, a slight decrease from RMB 8,041.7 million as of December 31, 2023[28]. - Trade receivables increased to RMB 437.7 million as of March 30, 2024, from RMB 391.9 million as of December 31, 2023[28]. Cash Flow - The net cash flow from financing activities was negative at RMB 313.0 million[6]. - Cash and cash equivalents at the end of the period were RMB 1,550.3 million, reflecting a decrease of RMB 133.3 million[32]. - The group reported a net cash flow from operating activities of RMB 198.9 million for the period[31]. - The group has entered into a financing agreement for a maximum amount of RMB 2,500 million with a syndicate of banks, aimed at refinancing existing loans maturing in January 2025[29].

Performance and Market Conditions - The overall performance of Parkson improved compared to 2022, with the lifting of pandemic control measures in China contributing to a gradual return to normalcy in work and daily life [29]. - The global economic environment in 2023 posed multiple challenges, including inflation risks and geopolitical tensions, impacting overall market conditions [23]. - Parkson's management anticipates further recovery and growth opportunities as consumer confidence returns post-pandemic [29]. - The overall economy in PRC is still growing, with significant market growth potential despite uneven regional development and ongoing challenges [30]. Store Operations and Expansion - As of December 31, 2023, Parkson operated and managed 43 stores and 2 Parkson Newcore City Malls across 29 cities in China and Laos [9]. - The Group successfully opened two new Parkson shopping malls in 2023, expanding its presence in Jiangxi Province with a focus on "Multiple Stores in a City" and "Model Innovation" strategies [30]. - The Group plans to open two new stores in Mianyang City, Sichuan Province, with one supermarket expected to open in January 2024 and another store anticipated in 2026 [38]. - The Group plans to open its third store in Datong City by 2025, following a cooperation agreement with Datong Dezhiyuan Real Estate Development Co., Ltd. [45]. Financial Performance - The Group recorded gross sales proceeds of RMB10,093.9 million, an increase of 9.5% over last year, driven by increased rental income and a Same Store Sales (SSS) growth of 7.1% [30]. - The Group's net profit attributable to ordinary equity holders for 2023 was approximately RMB66,413,000, resulting in a basic earnings per share of RMB0.025 [43][46]. - Total gross sales proceeds (GSP) increased by 9.5% to RMB10,093.9 million in 2023, driven by a 72.0% increase in rental income and a 7.1% increase in same-store sales (SSS) [51][53]. - The Group's total operating revenues for 2023 were RMB4,177.49 million, with a profit from operations of RMB505.481 million [46]. Merchandise and Product Strategy - The company focuses on tailoring merchandise assortments and brand mixes on a store-by-store basis to better serve middle to middle-upper end consumers [10]. - Parkson offers a wide range of internationally renowned brands across four main categories: Fashion & Apparel, Cosmetics & Accessories, Household & Electrical, and Groceries & Perishables [10]. - The Group aims to diversify its income sources and explore various business models to drive sustainable development amidst ongoing market changes and competition [38]. - Total merchandise sales increased by RMB432.4 million or 5.9% to RMB7,791.2 million in 2023, with concessionaire sales rising by 8.5% while direct sales decreased by 0.5% [57]. Corporate Governance and Management - The Company has fully complied with the Corporate Governance Code (CG Code) for the year ended December 31, 2023 [157]. - The Board consists of 6 Directors, including 2 executive Directors, 1 non-executive Director, and 3 Independent non-executive Directors [151]. - The Company has adopted a Director Nomination Policy to maintain a diverse and skilled board of directors [110]. - The Company recognizes the importance of good corporate governance for its healthy growth [160]. Employee and Compensation Practices - The Group employed 3,826 employees as of December 31, 2023, ensuring compensation aligned with market standards [79]. - The remuneration for senior management (excluding directors) for the year ended December 31, 2023, includes 3 individuals earning between HK$1,000,001 and HK$2,000,000, 1 individual earning between HK$2,000,001 and HK$3,000,000, and 1 individual earning between HK$3,000,001 and HK$4,000,000 [112]. - The Company emphasizes a corporate culture based on dedication, integrity, team spirit, customer orientation, and mutual respect [171]. Risk Management and Financial Oversight - The Group's financial policies include measures to minimize exposure to interest rate fluctuations [82]. - The Audit Committee held four meetings during the year, reviewing the Group's quarterly, interim, and annual performance, as well as financial and risk management matters [91]. - The Company will continue to enhance its corporate governance practices to align with the growth of its businesses [157].

Financial Performance - For the fiscal year ending December 31, 2023, total operating revenue increased to RMB 4,177.5 million, representing an 11.4% year-on-year growth[2]. - Same-store sales rose by 7.1% in the fiscal year 2023[3]. - Total sales revenue (including VAT) for the fiscal year 2023 was RMB 10,093.9 million, up 9.5% compared to the previous year[3]. - Operating profit for the fiscal year 2023 was RMB 505.5 million, a significant recovery from an operating loss of RMB 11.0 million in 2022[3]. - Profit before tax for the fiscal year 2023 was RMB 86.6 million, compared to a loss before tax of RMB 413.2 million in 2022[3]. - The profit attributable to owners of the company for the fiscal year 2023 was RMB 66.4 million[4]. - Basic and diluted earnings per share for the fiscal year 2023 were RMB 0.025, recovering from a loss of RMB 0.146 in 2022[6]. - The company's pre-tax profit for 2023 was RMB 66,413,000, compared to a loss of RMB 383,599,000 in 2022, indicating a significant turnaround in performance[31]. Revenue Sources - Total sales revenue for 2023 reached RMB 9,080,998 thousand, an increase of 9.9% compared to RMB 8,262,172 thousand in 2022[19]. - Self-operated sales amounted to RMB 2,130,142 thousand in 2023, slightly down from RMB 2,139,942 thousand in 2022[19]. - Franchise sales revenue increased to RMB 5,661,107 thousand in 2023, up from RMB 5,218,896 thousand in 2022, reflecting a growth of 8.5%[19]. - Other operating income rose to RMB 1,289,749 thousand in 2023, compared to RMB 903,334 thousand in 2022, marking a significant increase of 42.7%[19]. - Revenue from customer contracts, including self-operated sales, consignment sales commissions, and consulting and management service fees, accounted for 69.4% of total operating revenue, increasing by RMB 43.8 million or 1.5% compared to 2022[55]. Assets and Liabilities - Total assets decreased to RMB 8,234.978 million in 2023 from RMB 8,735.732 million in 2022[11]. - Current liabilities increased slightly to RMB 2,841.805 million in 2023 from RMB 2,816.118 million in 2022[11]. - The net asset value remained stable at RMB 3,317.147 million in 2023, compared to RMB 3,318.279 million in 2022[11]. - The total equity as of January 1, 2023, was RMB 3,318,279 thousand, a decrease from RMB 3,449,569 thousand as of December 31, 2022, indicating a decline of 3.8%[18]. - The company’s total liabilities increased from RMB 480,425,000 in 2022 to RMB 702,563,000 in 2023, reflecting a growth of approximately 46.2%[36]. Expenses - Total employee costs decreased from RMB 536,636,000 in 2022 to RMB 485,837,000 in 2023, reflecting a reduction of approximately 9.5%[24]. - The total rental expenses for 2023 amounted to RMB 90,132,000, a significant increase from RMB 15,214,000 in 2022, primarily due to the absence of COVID-19 related rent concessions[24]. - The net financing cost increased by RMB 43.8 million or 11.0% to RMB 442.8 million, primarily due to increased interest on bank loans[63]. - Operating expenses for the cost of goods sold decreased by RMB 14.4 million or 0.8% to RMB 1,835.7 million, attributed to a slight decline in direct sales leading to reduced procurement from third-party suppliers[56]. Government Grants and Taxation - The company received government grants totaling RMB 14,834 thousand in 2023, up from RMB 10,285 thousand in 2022, representing a growth of 44.5%[22]. - The company reported a current tax expense of RMB 89,367,000 for 2023, compared to RMB 51,575,000 in 2022, which is an increase of about 73%[28]. Market and Strategic Developments - The overall retail sales in China grew by 7.2% in 2023, reflecting a gradual recovery in consumer spending post-pandemic[42]. - The company aims to adapt to evolving consumer demands and market changes through flexible, customer-centric strategies and cost management[40]. - The company is focusing on its core business to become a leading operator of fashion commercial spaces, leveraging its experience and strategies developed over the past 30 years[49]. - The macroeconomic environment in China is expected to stabilize in 2024, although challenges and uncertainties remain[40]. Corporate Governance - The company fully complied with the corporate governance code as per the Hong Kong Stock Exchange Listing Rules for the year ended December 31, 2023[78]. - The board of directors confirmed adherence to the standard code of conduct for securities trading throughout the year ended December 31, 2023[79]. - An audit committee has been established to review financial reports and maintain appropriate relationships with external auditors for the year ended December 31, 2023[80]. - The auditor confirmed that the preliminary performance announcement figures are consistent with the audited consolidated financial statements for the year ended December 31, 2023[81]. Future Plans - The company successfully opened two new Parkson shopping centers in 2023, expanding its presence in Jiangxi Province with a total of 43 stores across 29 cities in China and Laos[44]. - The company plans to open two new stores in Mianyang, Sichuan Province, with one set to launch in January 2024 and another anticipated in 2026[46].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚賴該等內 容而引致的任何損失承擔任何責任。 PARKSON RETAIL GROUP LIMITED 百盛商業集團有限公司 （於開曼群島註冊成立的有限公司） （股份代號：3368） 截至二零二三年九月三十日止九個月 的未經審核第三季度業績公告 百盛商業集團有限公司 (「本公司」) 董事會 (「董事會」) 謹此呈報本公司及其附屬公司 (以下統稱 「本集團」) 截至二零二三年九月三十日止季度的未經審核綜合業績。 本集團未經審核的季度業績乃為有關本公司於馬來西亞的控股公司 Parkson Holdings Berhad 根據 Bursa Malaysia Securities Berhad 主板上市規則的要求而刊發。本公佈乃根據香港聯合交易所有限公 司證券上市規則的13.09條規定作出。 摘要 二零二三年第三季度 (「二零二三年第三季度」) 經營收益總額較去年同期上升 7.3%至人民幣 1,000.1百萬元及二零二三年九月三十日止九個月 (「截至二零二 ...

Financial Performance - The total operating revenue for the period was RMB 2,218.2 million, an increase of 11.3% compared to RMB 1,993.4 million in the same period last year[6]. - Same-store sales growth was 4.9% during the period[7]. - Total sales revenue (including VAT) reached RMB 5,365.5 million, reflecting a year-on-year growth of 7.3%[7]. - Operating profit for the period was RMB 264.8 million, a significant increase of RMB 262.1 million from RMB 2.7 million in the same period last year[7]. - For the six months ended June 30, 2023, the profit for the period was RMB 66,722,000, a significant improvement compared to a loss of RMB 181,105,000 in the same period of 2022[32]. - Total comprehensive expense for the period was RMB 16,256,000, compared to RMB 289,740,000 in the previous year, indicating a reduction in overall losses[32]. - The Group's profit before tax for the six months ended June 30, 2023, was RMB 79,058, compared to a loss of RMB 85,198 in 2022[109]. - Profit for the period attributable to owners of the Company was RMB 63,093 for the six months ended June 30, 2023, compared to a loss of RMB 181,794 in the same period of 2022[185]. - Basic earnings per share attributable to ordinary equity holders of the Company for the six months ended June 30, 2023, was RMB 0.024, a recovery from a loss of RMB 0.069 in the same period of 2022[185]. Assets and Liabilities - Non-current assets amounted to RMB 8,260.6 million as of June 30, 2023, down from RMB 8,539.7 million as of December 31, 2022[18]. - Current assets totaled RMB 2,947.2 million as of June 30, 2023, compared to RMB 2,748.0 million as of December 31, 2022[19]. - Trade payables increased to RMB 577.8 million from RMB 480.4 million[19]. - Net assets were recorded at RMB 3,301.7 million as of June 30, 2023, slightly down from RMB 3,318.3 million at the end of 2022[19]. - The company reported a decrease in inventories to RMB 374.8 million from RMB 500.8 million[18]. - Interest-bearing bank loans increased to RMB 295.4 million from RMB 281.0 million[19]. - As of June 30, 2023, total equity stood at RMB 3,301,705,000, compared to RMB 3,604,760,000 as of June 30, 2022[39]. - The total assets as of June 30, 2023, were RMB 3,229,499,000, down from RMB 3,532,575,000 in the previous year[39]. - The Group's total assets were valued at RMB 2,246,051, compared to RMB 2,478,736 as of January 1, 2023[189]. Cash Flow and Financing - Cash generated from operations increased to RMB 624,300 for the six months ended June 30, 2023, compared to RMB 260,730 in 2022, representing a growth of approximately 139%[45]. - Net cash flows from operating activities reached RMB 582,504, up from RMB 213,899 in the previous year, indicating a substantial increase of about 172%[45]. - The net cash flows used in financing activities amounted to RMB (488,751) for the six months ended June 30, 2023, compared to RMB 55,346 generated in the same period of 2022[46]. - The company incurred finance costs of RMB 249,304 for the six months ended June 30, 2023, an increase from RMB 217,673 in 2022, indicating rising borrowing costs[44]. - Finance income for the six months ended June 30, 2023, totaled RMB 27,444, down from RMB 31,026 in 2022, reflecting a decrease of 11.0%[129]. Revenue Breakdown - For the six months ended June 30, 2023, total revenue reached RMB 1,961,221,000, an increase from RMB 1,768,859,000 in the same period of 2022, representing a growth of approximately 10.9%[91]. - Revenue from direct sales amounted to RMB 1,164,266,000, slightly up from RMB 1,155,058,000 in 2022, indicating a growth of about 0.97%[91]. - Commissions from concessionaire sales increased to RMB 398,340,000, compared to RMB 386,754,000 in the previous year, reflecting a growth of approximately 3.9%[91]. - Gross rental income surged to RMB 341,058,000, up from RMB 188,839,000, marking a significant increase of around 80.5%[91]. - Gross revenue from concessionaire sales for the six months ended June 30, 2023, was RMB 3,003,808, an increase of 4.6% from RMB 2,872,126 in 2022[106]. Expenses and Costs - Total operating expenses for the six months ended June 30, 2023, were RMB 1,953,406, a decrease from RMB 1,990,702 in the same period of 2022[185]. - Total staff costs for the six months ended June 30, 2023, were RMB 250,802, a decrease from RMB 280,851 in 2022, representing a reduction of 10.70%[98]. - Rental expenses for the six months ended June 30, 2023, amounted to RMB 43,203, compared to RMB 12,828 in 2022, showing a significant increase of 236.73%[98]. - The impairment of trade receivables for the six months ended June 30, 2023, was RMB 8,232, compared to RMB 3,466 in 2022, reflecting an increase of 137.66%[98]. Compliance and Reporting - The Group's financial information for the six months ended June 30, 2023, was prepared in accordance with International Accounting Standard 34, indicating compliance with international financial reporting standards[49]. - The amendments to IAS 12 regarding deferred tax had no material impact on the Group's performance and financial positions for the current and prior periods[51]. - The interim financial information does not include all disclosures required in the annual consolidated financial statements, emphasizing the need for comprehensive annual reporting[49]. Market and Strategic Focus - The company is focusing on expanding its market presence and enhancing its product offerings to drive future growth[94]. - The Group's principal activities include the operation and management of department stores primarily in the PRC and the provision of credit services in Malaysia[1].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何 部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 PARKSON RETAIL GROUP LIMITED 百 盛 商 業 集 團 有 限 公司 （於開曼群島註冊成立的有限公司） 3368 （股份代號： ） 截至二零二三年六月三十日止六個月的中期業績 摘要 2,218.2 1,993.4 期內經營收益總額為人民幣 百萬元，較去年同期的人民幣 百萬元增 11.3% 長 。 4.9% 期內同店銷售（「同店銷售」）增長 。 5,365.5 期內銷售所得款項總額（「銷售所得款項總額」）（含增值稅）為人民幣 百萬 7.3% 元，同比增長 。 264.8 2.7 期內經營利潤為人民幣 百萬元，較去年同期的人民幣 百萬元增加人民幣 262.1 百萬元。 63.1 期內本公司所有人應佔利潤為人民幣 百萬元，而去年同期錄得本公司所有人 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何 部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 PARKSON RETAIL GROUP LIMITED 百 盛 商 業 集 團 有 限 公司 （於開曼群島註冊成立的有限公司） 3368 （股份代號： ） 截至二零二三年三月三十一日止三個月 的未經審核第一季度業績公告 百盛商業集團有限公司（「本公司」）董事會（「董事會」）欣然宣佈本公司及其附屬公 司（以下統稱「本集團」）截至二零二三年三月三十一日止三個月的未經審核綜合業 績，連同二零二二年同期之未經審核比較數字如下。 Parkson 本集團未經審核的季度業績乃為有關本公司於馬來西亞的控股公司 Holdings Berhad Bursa Malaysia Securities Berhad 根據 主板上市規則的要求而刊發。本 13.09 公佈乃根據香港聯合交易所有限公司證券上市規則的 條規定作出。 摘要 1,106.0 截至二零二三年三月三十一日止三個月，經營收益總額為人民幣 百萬元， 11.0 1. ...

Business Operations - As of December 31, 2022, Parkson operated 42 stores and 2 Parkson Newcore City Malls across 28 cities in the PRC and Laos[11] - The Group operates primarily in the retail segment, with significant revenues generated from direct sales and concessionaire sales in the PRC[66] - The Group operates primarily in China, focusing on department stores, shopping malls, outlets, and supermarkets, with revenue sources including self-operated sales, commission from franchised counters, consulting and management service fees, and rental income from tenants[68] - The Group's principal activities include operating a network of department stores, shopping malls, outlets, and supermarkets primarily in the People's Republic of China, along with providing credit services in Malaysia[147] - The Group's strategic focus includes expanding its store formats, including department stores, shopping malls, and concept stores like "Parkson Beauty"[115] - The Group plans to open a new store in Nanchang County, Jiangxi Province in the fourth quarter of 2023, which will be its fourth store in Jiangxi[124] - The Group's strategy of "Multiple Stores in a City" aims to increase market share by reaching more customers with diverse consumption habits[124] - The Group closed two stores in Shanxi Province in 2022 to improve resource utilization efficiency[124] Financial Performance - In 2022, China's GDP reached RMB121.0 trillion, representing a 3% increase from 2021[15] - Total retail sales of consumer goods in China decreased by 0.2% year-on-year in 2022[15] - The Group's performance in 2022 was weaker compared to the previous year due to pandemic-related challenges and soft consumer market dynamics[18] - In 2022, total GSP (including VAT) decreased by 22.6% to RMB 9,216.8 million, primarily due to a 22.8% decline in same-store sales (SSS)[25] - Total merchandise sales (excluding VAT) fell by RMB 2,253.1 million or 23.4% to RMB 7,358.8 million, with licensed counter sales dropping by 24.5% and direct sales decreasing by 20.7%[25] - Total operating revenues decreased by RMB989.8 million or 20.9% to RMB3,748.7 million in 2022, primarily due to a decrease in revenue from contracts with customers, which fell by RMB866.5 million or 23.3%[56] - The Group's merchandise gross margin decreased from 14.2% in 2021 to 13.5% in 2022[55] - The loss attributable to owners of the Company for 2022 was RMB413.2 million, compared to a loss of RMB176.0 million in 2021[60] - Basic loss per share for 2022 was RMB(0.157), compared to RMB(0.067) in 2021[60] - The Group recorded gross sales proceeds of RMB9,218.8 million for the year, representing a decrease of 22.6% compared to the previous year, primarily due to a decline in Same-Store Sales (SSS)[115] - Same-Store Sales (SSS) declined by 22.8%, mainly impacted by COVID-19[115] - The Group recorded a loss from operations of RMB11.0 million for 2022 compared to a profit of RMB323.6 million in 2021[127] - Loss from operations as a percentage of GSP was (0.1%) in 2022, while profit from operations was 3.0% in 2021[127] Cost Management - The Group implemented cost control measures, including lowering rental and operating costs, to mitigate the impact of the COVID-19 pandemic[9] - The Group's strategy includes cost control measures such as reducing rent and operating costs while promoting online platforms to stimulate consumer spending[46] - Operating expenses for the Group decreased, with the purchase of goods and changes in inventories down by RMB 466.1 million or 20.1% to RMB 1,850.1 million[29] - Staff costs decreased by RMB 43.8 million or 7.5% to RMB 536.6 million, attributed to the closure of unprofitable businesses[29] - Depreciation and amortization decreased by 8.3% from RMB 658.9 million in 2021 to RMB 604.3 million in 2022, with depreciation on right-of-use assets recognized at RMB 402.9 million[29] - Rental expenses decreased by RMB42.3 million or 73.5% to RMB15.2 million in 2022 from RMB57.5 million in 2021[127] - Other operating expenses decreased by 6.1% to RMB753.5 million in 2022 from RMB802.0 million in 2021[127] Market Outlook - The Group remains optimistic about market prospects despite ongoing uncertainties, driven by urbanization and improving living standards in China[15] - The Group plans to leverage its extensive retail market experience to achieve stable and sustainable performance post-COVID-19[22] - Future outlook includes potential market expansion and adaptation to changing consumer behaviors post-COVID-19[118] Employee Management - As of December 31, 2022, the total number of employees was 4,055, with competitive compensation aligned with market standards and performance-based rewards[69] - The Group emphasizes employee training and development, establishing a structured performance evaluation and promotion system, along with diverse training programs to enhance skills and capabilities[138] - In 2022, the average training hours completed per employee were 9.7 hours for senior management, 7.2 hours for middle management, and 6.8 hours for basic level employees[142] - The Group launched an online training course in 2022 focused on "Career planning and company strategy," providing comprehensive guidance to employees on integrating personal career development with company strategy[140] - The Group has a structured salary, incentives, and bonus scheme to reward employee performance[69] Risk Management - The Group is actively applying for government pandemic prevention allowances and tax incentives to minimize financial impacts[9] - The Group's business transactions are mainly denominated in Renminbi, minimizing exposure to foreign exchange risk, with hedging instruments used as necessary[69] - The Group's treasury policies include the use of swaps and forwards to hedge against interest rate fluctuations[69] - The Group is committed to maintaining a competitive workforce while ensuring financial stability through effective risk management strategies[69] Corporate Governance - The Group's strategic operations are overseen by Tan Sri Cheng Heng Jem, who has over 50 years of experience in various industries, including retail and credit financing[70] - Li Bing was appointed Chief Operating Officer in July 2022, bringing extensive experience from state-owned enterprises and a long tenure with the Group since 1996[80] - The appointment of a new Chief Financial Officer in February 2023 aims to strengthen financial oversight and compliance[112] - The Company maintained appropriate insurance cover for potential losses or liabilities incurred by Directors during the year ended December 31, 2022[176] - The Directors were not involved in any competing business interests during the year ended December 31, 2022[176] Community Engagement - The Group's charity activities in 2022 included donations to the Qingdao Foundation for the Disabled, demonstrating its commitment to vulnerable groups[146] - The Group's stores nationwide conducted multiple community service activities in 2022, promoting cultural communication and environmental protection[143] - The Group's environmental initiatives included a public education lecture on biodiversity conservation held on Earth Day 2022[144]

Financial Performance - For the third quarter of 2022, the total operating revenue decreased by 10.5% to RMB 932.2 million compared to the same period last year[3]. - Same-store sales declined by 11.7% in the third quarter of 2022, and for the nine months ended September 30, 2022, same-store sales decreased by 18.3%[3]. - Operating profit for the third quarter of 2022 was RMB 29.9 million, a significant drop of 89.4% compared to RMB 62.0 million in the same quarter last year[3]. - The company reported a loss attributable to owners of the company of RMB 266.6 million for the nine months ended September 30, 2022, compared to a loss of RMB 42.9 million in the previous year[3]. - The total sales revenue for Q3 2022 was RMB 2,263.5 million, a decrease of 12.0% year-over-year, while the total sales revenue for the nine months ended September 30, 2022, was RMB 7,265.9 million, down 17.7% compared to the previous year[27]. - Operating profit for Q3 2022 was RMB 29.9 million, and for the nine months ended September 30, 2022, it decreased by 89.4% to RMB 32.7 million, primarily due to a decline in revenue[31]. - The company reported a loss attributable to owners of RMB 69.0 million for Q3 2022 and RMB 266.6 million for the nine months ended September 30, 2022, impacted by challenges from the pandemic and macroeconomic fluctuations[33]. - Total operating expenses for the nine months ended September 30, 2022, were RMB 1,439.1 million, a slight decrease of 0.4% compared to RMB 1,444.3 million in the same period last year[30]. Revenue Sources - Revenue from customer contracts accounted for 76.9% of total operating profit, including self-operated sales, commission from licensed counters, and consulting and management service fees[27]. - The total sales from licensed counters for the nine months ended September 30, 2022, was RMB 4,137.8 million, representing 71.0% of total sales, while direct sales accounted for RMB 1,685.9 million or 29.0%[29]. Cash Flow and Assets - The net cash flow from operating activities for the nine months ended September 30, 2022, was RMB 295.3 million[15]. - The net cash flow from investing activities for the same period was RMB 680.2 million[16]. - The cash and cash equivalents at the end of the period increased to RMB 1,676.9 million from RMB 925.2 million at the beginning of the period[20]. - Non-current assets as of September 30, 2022, totaled RMB 8,789.0 million, down from RMB 9,436.6 million as of December 31, 2021[7]. - Total liabilities as of September 30, 2022, were RMB 5,538.9 million, compared to RMB 3,633.3 million as of December 31, 2021[12]. Business Operations - The company operates 40 department stores across 28 cities in China, including concept stores like "Parkson Beauty" and various other retail formats[33]. - The decline in operating profit was mainly attributed to the decrease in revenue from customer contracts[31]. - The company experienced a significant drop in both sales and operating profit due to the ongoing challenges posed by the pandemic and economic uncertainties[33].