In the first quarter, the retail sales of LUNG FUNG GROUP (02290) through retail stores were approximately HK$829 million, an increase of about 21.2% year-on-year.

LUNG FUNG GROUP (02290) released its latest operational performance for the three months ending June 30, 2026. During this period, the Group achieved retail sales through its retail stores of approximately HK$829 million, representing a growth of around 21.2% compared to the same period last year. As of June 30, 2026, the Group operated 31 retail stores, compared to 27 retail stores on June 30, 2025. The increase in the number of retail stores is primarily attributed to the opening of new stores and the continued expansion of its retail network. Comparing the revenue from 25 comparable retail stores, which were operational for the three months ending June 30, 2026, and the previous period, the sales from these comparable stores reached HK$740.5 million for this period, showing a growth of 10.3% from HK$671 million in the same period last year. The Board of Directors believes that despite the impact of continuous rainy weather on retail sales in June, the Group achieved growth in retail sales and same-store sales during this period, mainly benefiting from increased foot traffic and expanded retail network coverage. The Group will continue to closely monitor market developments and adjust its product mix, promotional strategies, and store operations to further improve sales performance and operational efficiency.