LUXXU GROUP (01327) Reports Interim Results with Net Loss of RMB 5.591 Million, 47.9% Narrower Year-on-Year
Stock News
Aug 29, 2025
LUXXU GROUP (01327) announced its interim results for 2025, reporting revenue of RMB 21.366 million, representing a 3.3% decrease compared to the same period last year. The company recorded a net loss of RMB 5.591 million, which narrowed by 47.9% year-on-year. Basic loss per share stood at 3.5 cents. The decline in revenue during the period was primarily attributed to reduced sales orders due to intense competition within the industry, after factoring in the positive impact from increased exhibition income and higher average selling prices of the group's branded watches.
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.