Sleemon's 2018 revenue was 4.21 billion yuan, and the net profit fell in a cliff-like manner.

The main reason is that after the cross-border film and television business in 2014, the profit growth of the film and television business was not satisfactory.

On the evening of April 25, 2019, Sleemon Furniture Co., Ltd. (hereinafter referred to as "Sleemon") released its 2018 financial report. The financial report showed that Sleemon's annual revenue was 4.21 billion yuan, up 32.11% year-on-year; net profit attributable to shareholders of listed companies was 0.47. 100 million yuan, down 283.16% year-on-year, both revenue and net profit fell, and net profit fell in a cliff-like manner.

 

As early as January of this year, Sleemon issued a 2018 performance forecast, predicting that 2018 may be the first year of Sleemon's performance loss after listing. The main reason is that after the cross-border film and television business in 2014, the profit growth of the film and television business was not satisfactory.

 

(Source: JJgle.com)

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