LVGEM China Reports Narrowed First-Half Loss of RMB 554 Million
Stock News
Aug 28
LVGEM CHINA (00095) has released its interim results for the 2026 fiscal first half, posting a shareholder-attributable loss of RMB 554 million. This marks a significant improvement, with the loss narrowing by 69.83% compared to the same period last year.
Revenue surged to RMB 9.771 billion, reflecting a substantial increase of 839.76% year-on-year. The company reported a basic loss per share of RMB 8.71 cents for the period.
These figures highlight a strong revenue rebound even as the company continues to manage ongoing profitability challenges, with the reduced loss indicating progress in its operational and financial restructuring efforts.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.