China Shunco隆(00974.HK)2025 net loss narrows by 74.9% to 17.10 million yuan year-on-year

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Gelonghui, March 28 - China Shunke Long (00974.HK) announced its performance for the fiscal year 2025. In the fiscal year 2025, the group’s revenue was approximately RMB 482 million, a decrease of 18.7% year-on-year. This decline in revenue was primarily due to the optimization of closing or transforming inefficient retail stores, which resulted in a year-on-year decrease in retail store revenue, while a reasonable contraction of the scale of distributor brands led to a reduction in distribution revenue. The group’s net loss was approximately RMB 17.1 million, a year-on-year narrowing of 74.9%. This reduction in loss was mainly due to a significant decrease in sales and distribution costs, as well as an increase in other operating income. The basic loss per share was RMB 0.06.

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