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 [PARKSON HOLDINGS BHD,看到机会和积极迹象]

截至二零一八年三月三十一日止九个月,百盛的零售分部录得营收增长2%至30.02亿令吉,转亏为盈,营运利润为2,600万令吉。其在各地的零售业务表现如下:

马来西亚:
由于消费者情绪改善以及热门旅游目的地商店的销售业绩不错,百盛马来西亚本季度的同店销售额(“SSS”)同比增长5%而财政年度迄今为止,同店销售增长率为负1%的主要原因是节日日历转换后缺乏节日购买。然而,由于新零售店的贡献,截至2018年3月31日止9个月,营运营收增长6%至7亿7,300万令吉。截至2018年3月31日,百盛马来西亚有44家门店。

中国:
百盛中国是百盛零售业务的主要贡献者,继续取得骄人业绩。专注于多元化零售业态和品牌提升的转型策略取得了良好的业绩,从同比正增长2%看,截至今年财政年度营收增加至20.46亿令吉。更高的收入以及更高的运营效率使得百盛中国能够有8700万令吉的营业利润,而去年则亏损6,500万令吉。于二零一八年三月三十一日,百盛在中国30个城市拥有48家店铺的网络覆盖。

越南和缅甸:
截至报告日,百盛在越南拥有6家门店,在缅甸拥有1家门店。

印度尼西亚:
截至二零一八年三月三十一日,百盛在雅加达关闭两间店铺后拥有及经营15间店铺。

截至二零一八年三月三十一日止九个月,百盛于Parkson Credit下进行的消费贷款业务保持强劲,收入及盈利增加。

前景:
在本财政年度的最后一个季度,百盛在马来西亚和印度尼西亚的零售业务预计将从2018年6月的节日购物中受益,而其他地区在没有重大庆祝活动的情况下,其零售店的销售将会减少。随着“新零售”在中国的出现,百盛将看到机会和积极迹象。虽然百盛已从其新零售计划中取得不少令人鼓舞的回报,但百盛致力于与不断发展的零售市场密切配合,提供转型策略,并专注于商店网络优化及产品改进。在东南亚方面,由于百盛表现的弹性取决于消费者情绪回升的程度,百盛仍保持审慎乐观态度。百盛将继续积极推动收入增长,同时谨慎处理运营成本和新投资。

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James Ng



For the 9 months ended 31 March 2018, the Group's Retailing Division registered a 2% growth in revenue to RM3,002 million and turned profitable with an operating profit of RM26 million. Performance of their retailing operations in each location were as follows:

Malaysia:
Parkson Malaysia delivered a positive same store sale ("SSS") growth of 5% for the current quarter on account of improved consumer sentiment and impressive sales performance of stores at popular tourist destinations; whilst reported a marginal negative SSS growth of 1% for the financial year-to-date largely due to the absence of festival buying following the shift in festive calendar. The operations, however, achieved a 6% revenue growth to RM773 million for the 9 months ended 31 March 2018 due to contribution of new retail stores. Parkson Malaysia has 44 stores as at 31 March 2018.

China:
Parkson China, the key contributor of the Group's retailing operation, continued to register impressive performance. Transformation strategies focusing on diversified retail formats and brand enhancement have yielded good results as seen from the positive SSS growth of 2% with revenue increasing to RM2,046 million for the financial year-to-date. The higher revenue coupled with improved operating efficiencies have enabled Parkson China to report an operating profit of RM87 million against a loss of RM65 million a year ago. As at 31 March 2018, the Group has a network coverage of 48 stores in 30 cities in China.

Vietnam and Myanmar:
As at the reporting date, the Group has 6 stores in Vietnam and 1 store in Myanmar.

Indonesia:
The Group owned and operated 15 stores as at 31 March 2018 in Indonesia following the closure of 2 stores in Jakarta during the financial year-to-date.

The Group's consumer financing business carried out under Parkson Credit remained strong with increasing revenue and profitability during the 9 months ended 31 March 2018.

Prospects:
For the final quarter of the financial year, the Group's retailing operations in Malaysia and Indonesia are anticipated to benefit from the festive shopping in June 2018, while other regions will experience lower traffic flow in their retail stores in the absence of major festivities. The Group see sample opportunities and positive signs ahead with the emergence of "new retail" in China. While the Group has yielded many encouraging returns from its new retail initiatives, the Group is committed to delivering its transformation strategies in close alignment with the evolving retail markets, and focusing on store network optimization and products offering enhancement. On the Southeast Asia front, the Group remains cautiously optimistic as the resilience of the Group's performance hinges on the extent of consumer sentiment recovery. The Group will continue to drive top line growth proactively whilst exercising prudence on operating costs and new investments.

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James Ng

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