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Easy Home expects net profit in the first half of 2020 to fall 55%-58% year-on-year
    July 20,2020



On July 14, Easy Home released a forecast for the first half of 2020. During the reporting period, the company expects the net profit attributable to shareholders of listed companies to be 400-430 million, down 55.14%-58.27% from the same period last year. Easy Home said that the year-on-year decline in net profit for the first half of 2020 was large, mainly because the new crown epidemic this year had a greater impact on the department store and home furnishing industries where the company is located. The company actively took countermeasures and made every effort to stabilize operations. After May, market sales have begun to pick up, and operations have gradually improved.

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