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LIANHUA (00980.HK) will hold a Board of Directors meeting on March 28 to approve the annual performance.
Gelonghui, March 10丨LIANHUA (00980.HK) announced that the Board of Directors meeting will be held on March 28, 2025, to review and approve the annual performance of the company and its subsidiaries for the year ending December 31, 2024, and its release, and to consider the declaration and distribution of a final dividend (if any).
LIANHUA: ANNOUNCEMENTNOTICE OF BOARD MEETING
Lianhua Supermarket Expects to Considerably Narrow Loss in 2024
LIANHUA Supermarket (00980.HK) expects a net loss of 0.34 billion to 0.38 billion yuan in 2024.
On March 7, Gelonghui announced that LIANHUA (00980.HK) reported a net loss of approximately RMB 0.791 billion attributable to shareholders for the audited fiscal year ended December 31, 2023. The group expects that the net loss attributable to shareholders will significantly decrease to approximately RMB 0.34 billion to RMB 0.38 billion for the fiscal year ending December 31, 2024. The significant reduction in net loss is mainly due to (i) in 2024, the group will no longer recognize the share of losses of an associate company, as its equity had been written down to zero under the equity method in 2023; and (
Express News | Lianhua Supermarket - Expects Net Loss to Reduce to RMB340-380 Mln for 2024
LIANHUA: PROFIT WARNING
