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佳華百貨控股：中期報告 2024
The performance of Jiahua Department Store (00602.HK) narrowed its losses to RMB 25.467 million in the first half of the year.
Jiahua Stores Holdings (00602.HK) announced its interim performance for the period ending in June this year, with revenue of 0.208 billion RMB, an increase of 30.5% compared to the previous year. The loss narrowed to 25.467 million RMB, compared to a loss of 33.962 million RMB in the same period last year; the loss per share was 2.45 cents. No dividends will be distributed.
JIAHUA STORES H: INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2024
Jiahua Stores to Shrink Loss in H1
Jiahua Stores H (00602.HK): It is expected to incur a net loss of 23 million to 27 million yuan in the midterm.
On August 22nd, Jiahua Stores Holdings (00602.HK) announced that the group's net loss is expected to decrease from approximately RMB 34 million (unaudited) for the six months ended June 30, 2023, to approximately RMB 23 million to RMB 27 million for the six months ended June 30, 2024. The announcement stated that the expected decrease in net loss for the group is mainly due to the impact of the opening of Shenzhen Shajing Jiayanghui Shopping Center in July 2023. However, other factors, including but not limited to i) continued competition from online e-commerce, and ii) competition in physical retail.
JIAHUA STORES H: FORECASTED INTERIM RESULTS - DECREASE IN NET LOSS
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