LUXXU GROUP released its interim results, with a net loss of 5.591 million yuan, narrowing by 47.9% year-on-year
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According to the Zhitong Finance APP, LUXXU GROUP released its mid-term results for 2025, with revenue of 21.366 million yuan (RMB, the same below), a year-on-year decrease of 3.3%; a net loss of 5.591 million yuan, a year-on-year narrowing of 47.9%; basic loss per share of 3.5 cents. The decrease in revenue during the period was mainly due to intensified competition in the industry leading to a reduction in sales orders, offset by an increase in exhibition revenue and a rise in the average selling price of the group's branded watches
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