Guangdong Piano Customized Furniture Co.,Ltd.’s Net Profit Dropped 46.5% in First Half of 2023

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 31.6 million yuan in the first half of 2023, down 46.5% year-on-year.

Meanwhile, the company posted 570.8 million yuan in revenue, down 0.7% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 928.2 million yuan in total liabilities, with a liability-to-asset ratio of 41.7%.