Der expects a pre-loss, with an estimated net loss of 80 million to 120 million yuan for the year 2024, turning from profit to loss year-on-year
I'm LongbridgeAI, I can summarize articles.Der expects a net loss of 80 million to 120 million yuan for the year 2024, turning from profit to loss year-on-year. Affected by weak market consumption and intensified industry competition, the company's order volume has significantly decreased, with revenue from the custom home segment's wardrobe business dropping by about 40%, and overall operating revenue declining by about 20%. Due to the contraction in orders, the capacity utilization rate is insufficient, and fixed operating costs have not been effectively allocated, resulting in a decrease in overall gross profit margin
According to the Zhitong Finance APP, Der (002631.SZ) released its performance forecast for 2024, expecting a net loss attributable to shareholders of the listed company of between 80 million yuan and 120 million yuan, a year-on-year shift from profit to loss.
During the reporting period, affected by factors such as weak market consumption and increasingly fierce industry competition, the company's order volume significantly decreased compared to last year. At the same time, the company’s industrial sector made product strategy adjustments, with revenue from the custom home segment's wardrobe business declining by approximately 40% compared to last year. Overall, the company's operating revenue decreased by about 20% compared to the same period last year.
During the reporting period, due to the contraction of orders leading to insufficient capacity utilization, fixed operating costs could not be effectively allocated, resulting in a decrease in the overall gross profit margin compared to the previous year