CHINA LESSO Posts Half-Year Results with 30.53% Drop in Net Profit Attributable to Shareholders

Stock News08-28 18:54

CHINA LESSO has released its interim results for the 2026 fiscal year, revealing a challenging performance period. The company recorded a 4.5% decline in revenue, which fell to RMB 11.912 billion, while gross profit decreased by 2.5% to RMB 3.426 billion.

During the reporting period, profit for the period dropped by 25.6% to RMB 695 million. More notably, profit attributable to owners of the company stood at approximately RMB 727 million, reflecting a substantial year-on-year reduction of 30.53%. Earnings per share were reported at RMB 0.24 on a basic basis.

These figures indicate persistent pressure on the company's profitability amidst evolving market conditions, with the latest earnings report highlighting a significant contraction in bottom-line performance compared to the prior corresponding period.

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