LH GROUP (01978) announced its interim results, reporting a loss attributable to shareholders of HKD 17.414 million, an increase of 2,651% compared to last year.

LH GROUP (01978) announced its interim results for the six months ended June 30, 2026, reporting revenue of HKD 506 million, a year-on-year decrease of 6.29%; the loss attributable to equity shareholders amounted to HKD 17.414 million, an increase of 2651% compared to last year; and the loss per share was HKD 2.18. The announcement stated that the increase in net loss was mainly due to revenue pressures caused by weak consumer demand, as well as the groups strategic restructuring of its restaurant network, along with ongoing proactive transformation initiatives. This situation was further exacerbated by one-off expenses incurred during the period, primarily including impairment losses on properties, plants, and equipment, as well as the loss of rental deposits and right-of-use assets related to early lease terminations for closed stores, and the groups share of losses from an associate, which were primarily due to initial setup and pre-operating costs incurred since the associate commenced operations in May 2026.