Gome Retail (00493.HK) expects its mid-term net loss attributable to shareholders to narrow by 70% to between 90% year-on-year.

Zhitong Finance APP reported that Gome Retail (00493.HK) announced that for the six months ending June 30, 2026 (the reporting period), the external environment is complex. Although foreign trade shows resilience, domestic demand recovery is weak, dragging down economic growth. The consumer market has fallen short of expectations, and the home appliance industry is under significant downward pressure, with the growth of green smart products only partially offsetting this. Due to funding limitations and a reduction in the scale of the retail network, the group's business operating scale has decreased. Based on a preliminary review of the group's recent management accounts, it is anticipated that sales revenue for the reporting period will decline between 30% and 50% compared to last year's RMB 297 million.