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JIAHUA STORES H: Interim Report 2024
Jiahua Stores Holdings (00602) fell 28.60%, now trading at 0.025 yuan, hitting a new 52-week low.
As of 09:30, Jiahua Stores H (00602) fell by 28.60% compared to the previous closing price, now trading at 0.025 yuan, hitting a new 52-week low; volume of 0.0025 million shares, turnover of 0.0001 million Hong Kong dollars.
JIAHUA STORES H: INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2024
Jiahua Stores to Shrink Loss in H1
Jiahua Stores Holdings (00602.HK): It is expected to incur a net loss of 23 million to 27 million yuan in the medium term.
Jiahua stores h (00602.HK) issued an announcement on August 22, stating 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 the group's net loss is mainly due to the impact of the opening of Shajing Jiayanghui Shopping Center in July 2023. However, other factors, including but not limited to i) sustained competition from online e-commerce, and ii) competition from brick-and-mortar retail.
Express News | Jiahua Stores - Expected Result Due to Effect of Opening of Jiayanghui Shopping Mall in Shajing Shenzhen in July 2023
Revenues Not Telling The Story For Jiahua Stores Holdings Limited (HKG:602) After Shares Rise 53%
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