---
title: "Arrow Home Furnishings issued a profit warning, with a net profit of 50 million to 70 million yuan for the year 2024, a decrease of 83.52% to 88.23%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/225197199.md"
description: "Arrow released its 2024 annual performance forecast, expecting a net profit of 50 million to 70 million yuan, a year-on-year decrease of 83.52% to 88.23%. Affected by intensified competition in the bathroom industry, operating revenue is approximately 7.149 billion yuan, a year-on-year decrease of about 6.52%. The gross profit margin is approximately 26.28%, a year-on-year decrease of about 2.06%. The company plans to enhance product planning capabilities, optimize sales structure, accelerate the launch of new products and store upgrades, and focus on the consumer goods trade-in policy to improve profitability"
datetime: "2025-01-16T12:08:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/225197199.md)
  - [en](https://longbridge.com/en/news/225197199.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/225197199.md)
---

# Arrow Home Furnishings issued a profit warning, with a net profit of 50 million to 70 million yuan for the year 2024, a decrease of 83.52% to 88.23%

According to the Zhitong Finance APP, Arrow (001322.SZ) released its performance forecast for 2024, expecting a net profit attributable to shareholders of the listed company to be between 50 million and 70 million yuan, a year-on-year decrease of 83.52% to 88.23%.

Affected by intensified competition in the bathroom industry, the company's operating revenue for 2024 is expected to be approximately 7.149 billion yuan, a year-on-year decrease of about 6.52%. Thanks to the implementation of the consumer goods trade-in policy, the revenue decline in the fourth quarter has slightly narrowed compared to the previous quarter. At the same time, due to the impact of product prices, the gross profit margin for 2024 is expected to be around 26.28%, a year-on-year decrease of about 2.06%, while the expense ratio has increased, leading to a year-on-year decline in net profit. In 2025, the company will continue to enhance its product planning capabilities, optimize its product sales structure, accelerate the launch of new products and store upgrades, promote channel penetration and overseas exports, continuously improve its omnichannel layout, and increase attention to and utilization of the consumer goods trade-in policy to seize growth opportunities brought by the policy. Additionally, the company will accelerate internal management reforms and cost reduction and efficiency enhancement efforts to improve its profitability

### Related Stocks

- [001322.CN](https://longbridge.com/en/quote/001322.CN.md)
- [002572.CN](https://longbridge.com/en/quote/002572.CN.md)
- [002790.CN](https://longbridge.com/en/quote/002790.CN.md)
- [003012.CN](https://longbridge.com/en/quote/003012.CN.md)
- [002084.CN](https://longbridge.com/en/quote/002084.CN.md)

## Related News & Research

- [Anker's Newest Prime Chargers Hit Their Lowest-Ever Prices on Amazon](https://longbridge.com/en/news/286789430.md)
- [Exclusive $3,997 savings on EcoFlow DELTA Pro Ultra X power station + Smart Home Panel 3 bundle, Jackery Memorial Day Sale, more](https://longbridge.com/en/news/286951883.md)
- [11:42 ETLG ELECTRONICS NAMED TO 'FORBES 'ACCESSIBILITY 200' LIST](https://longbridge.com/en/news/286940876.md)
- [TGI Group Retains Barkan Consulting Group to Fortify Corporate Governance and Scale Global Infrastructure Operations | TSPG Stock News](https://longbridge.com/en/news/286954875.md)
- [08:52 ETKenmore® Expands Home Environment Category with New Licensing Partnership with Airdog](https://longbridge.com/en/news/286916206.md)