LIANHUA posts Q1 2026 revenue of RMB 5.38 billion and net profit of RMB 15.61 million; revenue down 10% year-on-year

Bulletin Express
Apr 29

LIANHUA Supermarket Holdings Co., Ltd. released unaudited results for the three months ended 31 March 2026, prepared under PRC Accounting Standards for Business Enterprises.

Key Financials • Operating revenue reached RMB 5.38 billion, a decline of 9.98% from RMB 5.97 billion in the prior-year period. • Operating costs fell 8.25% to RMB 4.53 billion. • Net profit attributable to shareholders was RMB 15.61 million. • Total assets stood at RMB 17.70 billion as at 31 March 2026.

Segment Performance (Revenue / Cost) • Hypermarkets: RMB 2.15 billion / RMB 1.75 billion (-12.2% revenue YoY). • Supermarkets: RMB 2.86 billion / RMB 2.45 billion (-7.5% revenue YoY). • Convenience Stores: RMB 0.35 billion / RMB 0.32 billion (-14.2% revenue YoY). • Others: RMB 0.01 billion / RMB 0.00 billion.

Store Network Activity, Q1 2026 • 53 outlets opened and 59 closed, resulting in a net reduction of six stores. • East China accounted for the bulk of activity, with 39 openings and 49 closures, yet added 6,672 m² of selling space. • Net additions were concentrated in North China (+4 stores) and Northwest China (+1 store), while Northeast China saw a net decrease of six convenience stores.

Compliance Note The figures above are unaudited and derived from Shanghai Bailian Group Co., Limited’s quarterly disclosure. Accounting policies follow PRC GAAP, which differ from Hong Kong Financial Reporting Standards.

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