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Lianhua Supermarket Holdings Co ( (HK:0980) ) has provided an update.
Lianhua Supermarket Holdings Co., Ltd announced its unaudited financial results for the first quarter of 2025, reporting an operating revenue of approximately RMB5.97 billion and a net profit of RMB179.61 million. The company experienced a decline in revenue across its segments compared to the previous year, reflecting challenges in the retail market. Despite the decrease, the company continued its outlet development strategy, opening 34 new outlets while closing 37, indicating a strategic shift in its operational focus.
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 focuses on hypermarkets, supermarkets, and convenience stores, catering to a diverse range of consumer needs.
YTD Price Performance: -10.0%
Average Trading Volume: 2,970
Technical Sentiment Signal: Strong Buy
Current Market Cap: $64.85M
See more insights into 0980 stock on TipRanks’ Stock Analysis page.