Guangdong Piano Customized Furniture Co.,Ltd.’s Net Profit Dropped 37% in First Three Quarters 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 110.7 million yuan in the first three quarters of 2022, down 37% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, down 25.6% 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 47.9%.