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Lifestyle China Group ( (HK:2136) ) has provided an update.
Lifestyle China Group Limited has issued a profit warning, indicating an expected loss of up to RMB5.0 million for the first half of 2025, a significant downturn from the RMB41.7 million profit recorded in the same period last year. This shift from profit to loss is attributed to decreased sales and gross profit margins due to intense market competition, as well as a decline in the share of profits from associates.
More about Lifestyle China Group
Lifestyle China Group Limited operates in the retail industry, focusing on providing a range of consumer products. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.
Average Trading Volume: 584,918
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.04B
For an in-depth examination of 2136 stock, go to TipRanks’ Overview page.