Parkson Holdings Bhd has chalked up a higher pre-tax profit of RM204.997 million for the second quarter ended Dec 31, 2010 from RM192.234 million in the previous corresponding quarter. Revenue rose to RM756.380 million from RM709.319 million.

In a filing to Bursa Malaysia today, the company said continuous efforts to improve productivity of Parkson stores through merchandise upgrading and realignment of the floor space utilisation enabled the group to deliver healthy same store sales growth for the six months across all three markets in Malaysia, China and Vietnam.

'However, due to weakening of the Chinese renmimbi and Vietnamese dong against the Malaysian ringgit, lower results were consolidated into the group.

'Revenue for the six months under review was only five percent higher at RM1,413 million compared to RM1,351 million a year ago with profit before taxation reported at RM373 million,' it said. -- Bernama