Le Saunda Holdings Faces Declines in Retail and E-Commerce

Le Saunda Holdings (HK:0738) has released an update.

Le Saunda Holdings reports a challenging third quarter for the financial year 2024/25, with a 45.4% decline in total sales from its self-owned retail operations and a 9.7% drop in e-commerce sales compared to the previous year. The company’s retail network in Mainland China has also contracted significantly, with a net decrease of 110 outlets. Investors are urged to exercise caution as these figures are based on unaudited data.

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