Xilinmen Furniture Co.,Ltd Announcement Earnings Guidance for 2019
January 14, 2020
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Xilinmen Furniture Co.,Ltd announced that according to preliminary statistics of its financial department, the company will turn losses into gains in its net profit belonging to shareholders of the listed company in 2019 compared with the same period of the year before, with the net profit belonging to shareholders of the listed company to be about between RMB 380 million and RMB 450 million. The net profit belonging to shareholders of the listed company in 2019 after excluding extraordinary profit and loss in 2019 will be between RMB 310 million and RMB 380 million.
Xilinmen Furniture Co., Ltd is principally engaged in the design, research, development, production and distribution of furniture products. The Company's major businesses include civil furniture business, hotel furniture business and movie and television (TV) culture business. Civil furniture business is involved in the sale of mattresses, soft beds and other bedroom furniture. The Company operates its hotel furniture business primarily through the offering of indoor furniture and decoration related wood products for starred hotels and large public construction projects. Its movie and TV culture business consists of the investment, production, distribution and related businesses of movie and TV programs.