Lianhua Supermarket (00980) is forecasting a net loss of about 180 million yuan to 220 million yuan year-on-year profit and loss for the medium term

According to Zhitong Finance App, Lianhua Supermarket (00980) issued an announcement. Compared with the profit attributable to shareholders of the Company for the six months ended June 30, 2025, the Group expects the results for the six months ended June 30, 2026 to record a net loss attributable to the Company's shareholders, with a loss range of approximately RMB 180 million to RMB 220 million. The decline in performance was mainly due to the year-on-year decline in equity earnings of disposal subsidiaries and the impact of increased competition in the industry on the company's sales.