Xilinmen Furniture Co.,Ltd. Provides Earnings Guidance for the Year 2018
January 30, 2019
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Xilinmen Furniture Co.,Ltd. provided earnings guidance for the year 2018. The company predicts a loss in its the net profit belonging to shareholders of the company in 2018 compared with the same period of the year before, with the net loss belonging to shareholders of the company to be between RMB 390 million and negative RMB 440 million. The net loss belonging to shareholders of the company after excluding extraordinary profit and loss will be between RMB 425 million and negative RMB 475 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.