Vatti(SZ:002035)2022-12-08 03:10Group 1: Financial Performance - The company expects a net profit decline of 20%-50% in Q3 2015 due to continuous sales revenue decline in a sluggish market [2] - In the first half of 2015, the company achieved operating revenue of 176,545.00 million yuan, with a significant drop in net profit attributed to market pressures and declining product prices [2] Group 2: Market Conditions - The kitchen and bathroom industry faced significant pressure in the first half of 2015, with a downward trend in growth rates [2] - The decline in sales space for the company's products is partly due to the gradual price drop of competing products [2] Group 3: Strategic Responses - To stimulate performance and facilitate brand transformation, the company increased investment in marketing and promotional resources, which contributed to the net profit decline [2]