Pou Sheng’s China retail business reported a 20.6% year-on-year decline in net consolidated operating revenue in October 2026, to RMB 1.36 billion ($203 million).

The decline accelerated from a 2.5% fall in September, following decreases of 9.0% in August and 13.9% in July. Revenue for the first ten months of 2026 was down 5.8% year on year to RMB 13.8 billion ($2.0 billion).

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