JIAHUA STORES H Reports Interim Loss Wideness of Over 1,000%

Stock News
Aug 27

JIAHUA STORES H (00602) has announced its interim results for the six months ended June 30, 2026, revealing a significant expansion in losses despite a notable increase in revenue.

The company reported group revenue of RMB 205 million, marking a 15.54% year-on-year increase. However, the loss attributable to shareholders widened dramatically to RMB 39.996 million, representing a substantial 1,016.89% expansion compared to the same period last year. The loss per share stood at 3.86 cents.

According to the company's announcement, the revenue growth was primarily driven by an approximate RMB 32 million increase in merchandise sales, alongside a RMB 7.1 million rise in commissions from concession sales. These gains were partially offset by a RMB 1.8 million decrease in rental income from subleased shop properties, a RMB 0.1 million reduction in rental income from investment properties, and a RMB 9.6 million decline in rental income from subleased mall properties.

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