Guangdong Piano Customized Furniture Co.,Ltd.’s Net Profit Dropped 42.6% in First Half of 2022

Guangdong Piano Customized Furniture Co.,Ltd. (广东皮阿诺科学艺术家居股份有限公司) (002853.SZ) reported a net profit of 59.1 million yuan in the first half of 2022, down 42.6% year-on-year.

Meanwhile, the company posted 574.9 million yuan in revenue, down 31.9% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 48.6%.