LIFESTYLE CHI issued a profit warning, expecting that the loss attributable to the owners of the company in the first half of the year will not exceed 5 million yuan, turning from profit to loss year-on-year
According to the Zhitong Finance APP, LIFESTYLE CHI announced that it expects the group to incur a loss attributable to the owners of the company of no more than RMB 5 million in the first half of 2025, compared to a profit of approximately RMB 41.7 million attributable to the owners of the company in the same period last year. The expected shift from profit to loss is mainly due to intense competition in the retail market, resulting in a decline in both sales revenue and gross profit margin during that period. Similarly, the group's share of profits from joint ventures also experienced a decline during that period
According to the Zhitong Finance APP, LIFESTYLE CHI (02136) announced that it expects the group to incur a loss attributable to shareholders of no more than RMB 5 million in the first half of 2025, compared to a profit attributable to shareholders of approximately RMB 41.7 million in the same period last year. The expected shift from profit to loss is mainly due to intense competition in the retail market, resulting in a decline in both sales revenue and gross profit margin during this period. Similarly, the group's share of profits from joint ventures also experienced a decline during this period
