Shulou(Shulou.com)11/24 Report--

CTOnews.com August 28 news, Gome Retail Holdings Co., Ltd. issued a "profit warning announcement", is expected to lose more than 2.5 billion yuan in the first half of 2022.

The announcement said that in the first half of 2022, further strengthened epidemic control policies and market consumption environment posed further challenges to the retail industry, and the Group's business was also affected.

According to a preliminary review of the most recent management accounts of the Group, sales revenue during the reporting period is expected to decline by about 45% to 55% compared with the same period last year. The Group's attributable loss to parent company owners during the reporting period is expected to be between RMB 2.5 billion and RMB 3 billion, compared with a loss of RMB 1.974 billion for the same period last year.

CTOnews.com learned that the data is only based on a preliminary review by Gome's retail management, which has yet to be finalized, and a final results announcement is expected at the end of this month.

Prior to this, Gome once fell into arrears with suppliers, partners severed relations, arrears of wages, layoffs and other rumors. According to the financial report, Gome Retail had an income of 46.484 billion yuan in 2021 and a net loss of 4.4 billion yuan.

On the evening of August 19, Gome Retail announced that the company would resume trading on August 22, and announced plans to restructure the company's business sector, divest the loss-making business, and inject shares in two major shareholders' properties and Anxun Logistics, in order to optimize the asset structure and improve financing capacity.

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