Le Saunda Holdings Limited provided earnings guidance for interim period 2019/20. The Group expects to record a consolidated profit of approximately RMB 2,000,000 for the interim period 2019/20 which was primarily attributable to an increase in shop contribution in PRC retail market due to the improvement of same store sales performance and closures of low-efficient stores; and a decrease in general and administration expenses as a result of the regional offices restructuring exercise adopted by the Group.