Lung Fung Group (02290) Interim Retail Sales Through Stores Reach Approximately HK$1.7195 Billion, Up About 18.9% Year-on-Year

Lung Fung Group (02290) has released an announcement that for the six months ended 30 September 2026, the group achieved retail sales through its retail stores of approximately HK$1.7195 billion, representing a year-on-year increase of approximately 18.9%.

As at 30 September 2026, the group operated 33 retail stores, compared to 29 retail stores as at 30 September 2025. The increase in the number of retail stores during the period was mainly attributable to the continued opening of new stores, consistent with the group's ongoing expansion of its retail network.

In terms of supplementary information, the group's unaudited retail sales through its retail stores for the three months ended 30 September 2026 amounted to approximately HK$890.2 million, representing a year-on-year increase of approximately 16.9%.

Based on a comparison of revenue from the 25 retail stores that were in operation throughout both the entire six months ended 30 September 2026 and the comparable prior period, comparable store sales for the current period were HK$1.5394 billion, achieving same-store sales growth of 10.2% compared to HK$1.3975 billion in the prior-year period.

In terms of supplementary information, based on a comparison of revenue from the 25 comparable stores for the three months ended 30 September 2026 and the prior-year period, comparable store sales for the three months ended 30 September 2026 were HK$798.9 million, achieving same-store sales growth of 10.0% compared to HK$726.4 million in the prior-year period.

During the period, the group's retail sales through its retail stores and same-store sales continued to achieve growth. The board of directors believes that this performance was supported by the continued expansion of the retail network, stable customer demand, and the group's efforts to broaden its product range in response to the needs and preferences of its target customers.

The group will continue to review its store operations, product mix, and promotional activities in light of market conditions to support sustainable sales growth and enhance operational efficiency.