Le Saunda First-Half Loss Narrows 41% to RMB 18.62 Million

• Le Saunda’s loss attributable to shareholders narrowed 41% year-on-year to RMB 18.62 million for the six months ended August 31, 2026.
• Revenue fell 29% year-on-year to RMB 68.09 million, hurt by weak consumer demand and intensifying competition.
• Gross margin dropped 9.7 percentage points to 48.3% due to inventory clearance and a higher proportion of e-commerce revenue.
• Selling and distribution expenses declined 39% to RMB 31.01 million following closures of underperforming outlets.
• The mainland China store network shrank to 61 locations at August 31, while same-store sales increased.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Le Saunda Holdings Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261111-12407905), on November 11, 2026, and is solely responsible for the information contained therein.