Lianhua Supermarket (00980) has issued a profit warning, indicating a significant shift in its financial performance for the first half of the year.

Based on preliminary assessments, the company expects to report a net loss attributable to shareholders of approximately RMB 180 million to RMB 220 million for the six months ending June 30, 2026. This marks a sharp reversal from the net profit of about RMB 42.246 million recorded in the same period last year.

The deterioration in performance is primarily attributed to a year-on-year decrease in gains from the disposal of subsidiary equity, coupled with the impact of intensified industry competition on the company's sales.

The company's stock, Lianhua Supermarket (00980), is traded on the Hong Kong Stock Exchange.