Catching mouse reports 1.9 percent of the first year of the first six months (H1), US $ 4.1 billing. In the second quarter (Q2) of the year, the company reported US $ 2.0 billion, up 4.6% Cent Yoy.
The Great Pan-GCC seller has shown the H1 BitDa and 7 percent of the Margins developed by 28 BPS during Q2, showing strong performance.
For new school shops opened in the first six months, NET profit was US $ 127 million, up 9.1 percent of the Yway, with the full 3.1 percent. The company is a track to open nine extra stores this year.
Lulu’s profits attacked solid sales
Lulu has received a total increase of 43 percent of the increase in the E-Commerce sales, which reaches 108 million, or 5.6 percent of its sales. Private label, higher margin, recorded in 3.5 per cent yooy in Q2 and is calculated by 29,7% of income.
The company said that its developing levers – exploring Levers from the store network, opening new stores, driving driving elegance, to drive the private label and e-commerce offerings – will continue with the energy in the future.
Saifere Rupawala, Chief Chief Executive Officer Retail, noting: “Our solid working and stability and H1 2025 stiffness of our well-established age columns have helped us to bring sales recordings and development supporting margins.
“The middle of the middle of the basket, customer and selling meter all the good increase of the good six months, as 690,000 daily consumers prefer Lulu to donate our value.
“Expansion continues in accordance with our plan for seven stores opening at H1 2025 and on July, it takes the total number of the store at 259. Our integrity program continues to grow, takes 7,3 million.”
Lulu’s development was led to their continuity in the New Margin Department of Margin, which has grown by 11.2 per Q2 and 9.6 percent H1. The decision to pursue a FootFal development project in Q1 has resulted in electricity assets increasing 10.6 percent of the quarter and H1.
Lulu has received a “strong growth” in UAE and “good growth” in Saudi Arabia. The UAE, the largest Market, recorded the growth of the Q2 of 9.4% payable. The key part of this was a continuous demand for a new meal, provided by Omni-Channel donations.
At KSA, income increased by 3.8 percent of the quarter. There has been very high growth in the sale of electronic goods. The income also benefits from a new store opening. Faith had 4.9 percent increase in a quarter.
However, joint money has increased by 0.1 percent, when it has declined 1 percent of Oman because of the sales of the flat supermarket.
