China's Jiahua Stores H1 revenue rises on new mall opening

Jiahua Stores Holdings

27/08/2026 11:16

Overview
China retail store operator's H1 2026 revenue rose 15.5% yr/yr
Company reported a wider net loss and lower gross profit despite revenue growth
Revenue growth driven by new mall opening and higher fresh food sales after renovations

Outlook
Company did not provide specific financial guidance for the current or future periods

Result Drivers
NEW MALL OPENING - Co said revenue growth was mainly driven by the opening of a new shopping mall in Pingshan, Shenzhen
STORE RENOVATIONS - Higher sales of fresh and cooked food after internal store renovations contributed to revenue growth
RENT CONCESSIONS AND VACANCIES – Shopping-mall sublease income fell 12.1% as weak economic conditions led to rent concessions and vacancies at three existing malls
ONE-OFF OPERATING PRESSURE – Other operating income fell as no lease-termination gain was recognised, while equipment-installation write-offs lifted other expenses

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
RMB 205.20 mln
 

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Press Release s3://eap-prd-eu-west-1-source-content/eap_feed_proxy/fingerpost/HKSW/2026-08-27/30f27577-d293-44b2-a179-6bf3cc685906.file
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)