Guangdong Piano Customized Furniture Co.Ltd(002853) : it is estimated that the net profit loss in 2021 will be 710 million yuan ~ 955 million yuan

Guangdong Piano Customized Furniture Co.Ltd(002853) the performance forecast was released on January 28. It is estimated that the net loss attributable to the shareholders of the listed company will be 710 million yuan to 955 million yuan in 2021, turning from profit to loss year-on-year. Basic earnings per share loss of 3.81 yuan to 5.12 yuan. The basic earnings per share in the same period of last year was 1.27 yuan. The main reason for the performance change is that in 2021, according to the preliminary calculation of the financial department, the operating revenue is expected to increase by about 299 million yuan to about 448 million yuan compared with that in 2020, an increase of 20% to 30% over the same period of the previous year. In terms of retail business, we will continue to promote the construction of medium and high-end brands, and improve the single customer value and single store income through large-scale case marketing; Expand all channels, including opening new stores, expanding new retail, real estate bags, home decoration and other channels. In terms of engineering business, we have focused more on high-quality core real estate developers, reached in-depth strategic cooperation with poly, China shipping, China Resources, COSCO and Longhu, actively promoted and expanded wardrobe, storage and other products other than cabinets, and increased the sales share of real estate enterprises; At the same time, the company increased the proportion of Engineering dealer sales. If the impact of provision for impairment is not taken into account, the net profit attributable to shareholders of Listed Companies in 2021 is expected to increase by 49.2347 million yuan to 58.623 million yuan over the same period of last year, with a year-on-year increase of 25% to 35%.

From January to June 2021, Guangdong Piano Customized Furniture Co.Ltd(002853) ‘s main revenue composition is: customized kitchen cabinets and supporting household products account for 71.62%, customized wardrobe and supporting household products account for 26.08%, other businesses account for 1.65% and wooden doors account for 0.65%.

The chairman and general manager of Guangdong Piano Customized Furniture Co.Ltd(002853) are ma Libin, male, 52, with a master’s degree background.

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