Guangdong Piano Customized Furniture Co.,Ltd. Posted 150.3 Million Yuan Net Profit in 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 150.3 million yuan in 2022, reversing a net loss of 722.9 million yuan for the previous year.

Meanwhile, the company posted 1.5 billion yuan in revenue, down 20.4% year-on-year.

At the end of the reporting period, it had 2.4 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 47.9%.