---
title: "LE SAUNDA released its annual performance report, with a loss attributable to shareholders of 101 million yuan, an increase of 328.94% year-on-year"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/241878013.md"
description: "LE SAUNDA released its annual results for the period ending February 28, 2025, reporting a loss attributable to shareholders of RMB 101 million, an increase of 328.94% year-on-year. The group's revenue during the period was RMB 294 million, a decrease of 26.7% year-on-year. Due to weak consumer confidence and low demand for clothing and footwear, the group has taken measures to optimize its retail store network and offer discounts to cope with the sluggish market"
datetime: "2025-05-26T14:51:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/241878013.md)
  - [en](https://longbridge.com/en/news/241878013.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/241878013.md)
---

# LE SAUNDA released its annual performance report, with a loss attributable to shareholders of 101 million yuan, an increase of 328.94% year-on-year

According to the Zhitong Finance APP, LE SAUNDA (00738) announced its annual performance for the year ending February 28, 2025, with the group achieving revenue of RMB 294 million, a year-on-year decrease of 26.7%; the loss attributable to equity holders of the company was RMB 101 million, a year-on-year increase of 328.94%; basic loss per share was 14.28 cents.

During the review year, consumer confidence and demand for clothing and footwear remained sluggish. In response to the weak retail market and to avoid a large backlog of out-of-season goods, the group optimized its offline retail store network on one hand, and on the other hand, offered significant discounts to retail customers and wholesalers to reduce slow-moving inventory. As a result, the group's overall revenue decreased by 26.7% year-on-year to RMB 294 million

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