JiaHua Stores Holdings Limited (HK:0602) has released an update.
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Jiahua Stores Holdings Limited has announced a forecasted reduction in net loss for the first half of 2024 compared to the same period in 2023, attributed primarily to the opening of a new shopping mall. Despite ongoing challenges such as e-commerce competition, retail rivalry, and socio-economic changes impacting consumer behavior, the company’s board remains optimistic about its long-term financial health. Details of the interim results are still being finalized and will be released in due course.
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