Fsilon Furnishing and Construction Materials Corporation (605318.SH) announces a forecasted net loss of 29.8 million to 23 million yuan for the year 2024.

Fsilon Furnishing and Construction Materials Corporation (605318.SH) issued an announcement, stating that the company is expected to incur a net loss ranging from 23 million to 29.8 million yuan attributable to shareholders of listed companies in 2024. The net profit attributable to shareholders of listed companies in the same period last year was 12.8437 million yuan. In 2024, the company's sales scale will decrease year-on-year, with a decrease in operating income, intensified market competition, and a decline in the overall gross profit and profit levels of the industry.