Lianhua Supermarket Issues Profit Warning, Anticipates 35%-55% Reduction in 2025 Net Loss Attributable to Owners

Stock News
Mar 04

Lianhua Supermarket (00980) has announced that the group expects a significant decrease in the net loss attributable to its shareholders for the fiscal year ending December 31, 2025, compared to the net loss recorded for the year ending December 31, 2024. This improvement is primarily attributed to the group's overall strategic realignment, gains from the sale of a subsidiary's equity, and optimized resource allocation, which have contributed to loss reduction. Accordingly, the board of directors wishes to inform shareholders and potential investors that, compared to the audited net loss attributable to shareholders of approximately RMB 359 million for the year ending December 31, 2024, the group forecasts a notable decrease in the net loss for the year ending December 31, 2025, with the reduction expected to be in the range of approximately 35% to 55%.

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