Lianhua Supermarket Reports Interim Loss of RMB 202 Million, Reversing from Prior-Year Profit
Stock News
Aug 28
Lianhua Supermarket Holdings Co., Ltd. (00980) has released its interim results for the six-month period ended June 30, 2026, revealing a significant swing into the red as the retailer grapples with challenging market conditions.
According to the filing, the group recorded a turnover of RMB 8.573 billion for the reporting period, marking a year-on-year decline of 10.61%. The company posted a loss attributable to shareholders of RMB 202 million, a stark reversal from the profit reported in the corresponding period last year. The loss per share stood at RMB 13.7 cents, underscoring the operational headwinds faced during the half-year.
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