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Lianhua Supermarket Holdings Co ( (HK:0980) ) has issued an update.
Lianhua Supermarket Holdings Co., Ltd. has issued a positive profit alert, indicating an expected net profit of RMB25.0 million to RMB55.0 million for the first half of 2025, a significant turnaround from a net loss of RMB54.809 million in the same period of 2024. This improvement is attributed to strategic adjustments, the sale of certain subsidiary equity interests, and optimized resource allocation, signaling a positive shift in the company’s financial health and strategic direction.
More about Lianhua Supermarket Holdings Co
Lianhua Supermarket Holdings Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China, operating in the retail industry. The company, along with its subsidiaries, focuses on supermarket operations, providing a wide range of consumer goods to its market.
Average Trading Volume: 439,200
Technical Sentiment Signal: Buy
Current Market Cap: HK$651M
See more insights into 0980 stock on TipRanks’ Stock Analysis page.