Lyle Stein (00738) released results for the six months ended August 31, 2023, earning 206 million yuan (.
Zhitong Financial APP News, Lyle Stein (00738) released results for the six months ended August 31, 2023, with an income of 206 million yuan (RMB, the same below), down 2.5% from the same period last year; the company's equity holders accounted for a loss of 13.853 million yuan, down 40.7% from the same period last year; and a basic loss of 1.96 cents per share was proposed to pay an interim special dividend of HK5.0 cents per share.
During the period, the group's total retail revenue fell 2.5% compared with last year, while same-store sales increased by 13.5% (2022 / 23: down 26.5%). However, the retail market is expected to grow significantly in the third and fourth quarters of 2023 as the domestic central government plans to increase the support of economic policies in an orderly manner to boost domestic demand and enhance the consumer sentiment of the public. The Group has been actively responding to challenges and implementing flexible business policies, and it is believed that it will be able to seize opportunities and improve business performance.