Luxxu Group Ltd. Reports 3.2% Decline in Revenue and Narrows Loss to RMB5.6 Million for H1 2025
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Luxxu Group Ltd. reported a 3.2% decline in revenue to RMB21.4 million for H1 2025, down from RMB22.1 million in H1 2024, due to reduced sales amid increased competition. However, gross profit increased to RMB8.8 million, and the loss before taxation narrowed to RMB5.6 million from RMB10.7 million. The company plans to enhance its product quality and design capabilities while supporting customers through exhibitions in the watches and jewellery segments.
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