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曲美家居(603818) - 2025 Q2 - 季度业绩预告
QM HOMEQM HOME(SH:603818)2025-07-14 07:50

Qumei Home Furnishings Group Co., Ltd. 2025 H1 Earnings Forecast Current Period Earnings Forecast The company anticipates a significant reduction in net loss for the first half of 2025 2025 H1 Earnings Forecast | Indicator | 2025 H1 Forecast | 2024 H1 Actual | YoY Change | | :--- | :--- | :--- | :--- | | Net Profit Attributable to Parent (CNY 10,000) | -5,000.00 to -3,600.00 | -12,458.72 | Loss narrowed by 59.87% to 71.10% | | Non-recurring P/L Adjusted Net Profit (CNY 10,000) | -8,200.00 to -6,800.00 | -10,842.07 | Loss narrowed by 24.37% to 37.28% | Prior Year Period Operating Performance and Financial Status The company recorded a net loss in H1 2024, with a net loss attributable to the parent of -124.59 million CNY 2024 H1 Performance Review | Indicator | Amount | | :--- | :--- | | Net Profit Attributable to Parent | -124.59 million CNY | | Non-recurring P/L Adjusted Net Profit | -108.42 million CNY | | Earnings Per Share (EPS) | -0.18 CNY | Main Reasons for the Projected Loss in the Current Period Despite operational improvements, a decline in revenue is the primary cause of the continued net loss Analysis of Main Reasons for the Loss The core reason for the sustained loss is declining revenue, which offset gains from operational improvements - The company's core business operations showed significant improvement compared to H1 last year, with a substantial increase in operating profit6 - Cost reduction and efficiency measures in the domestic Qumei Home Furnishings business reduced the amount of loss year-over-year, but declining revenue continues to pressure net profit6 Operational Improvements and Positive Factors The company benefited from lower debt costs due to interest rate cuts and increased rental income - Benefiting from interest rate cuts by the Federal Reserve and in the European market, the company's overall debt costs have decreased6 - Continuously rising rental income from the company's Beijing factory and land has contributed more revenue, profit, and cash flow6 Risk Warning The preliminary earnings forecast is unaudited and final figures may differ in the official report - This earnings forecast is based on the company's preliminary calculations and has not been audited; final data will be subject to the official semi-annual report7