Lianhua Supermarket Holdings Co ( (HK:0980) ) just unveiled an announcement.
Lianhua Supermarket Holdings Co reported a revenue decrease of 9.7% to approximately RMB19,710 million for the year ended December 31, 2024, with declines across its hypermarket, supermarket, and convenience store segments. Despite opening 257 new outlets, the company faced an operating loss of approximately RMB257 million, although the loss attributable to owners decreased by approximately RMB432 million compared to the previous year, indicating some improvement in financial management.
More about Lianhua Supermarket Holdings Co
Lianhua Supermarket Holdings Co is a joint stock limited company based in the People’s Republic of China, operating within the retail industry. The company focuses on hypermarkets, supermarkets, and convenience stores, with a total of 3,152 outlets, including both directly-operated and franchised stores.
YTD Price Performance: 120.0%
Average Trading Volume: 540
Technical Sentiment Signal: Hold
Current Market Cap: $71.35M
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