Luolai Life's first quarter earnings are expected to fall by 50% -60%

Due to the impact of COVID-19, Luolai Life's operating income decreased significantly in the first quarter, resulting in a corresponding reduction in profits.

On April 11, Luo Lai Life released the first quarter of 2020 performance forecast, saying that during the reporting period, the company expected a profit of 57.828 million yuan -72.3035 million yuan, a year-on-year decrease of 60% -50%.


Rollei Life said that due to the impact of COVID-19 in the first quarter of this year, upstream and downstream enterprises have delayed the resumption of work, logistics and personnel movement are restricted, and the opening time of shopping malls and shopping malls has generally been delayed. At the same time, the customer traffic has been sluggish, resulting in the company's first quarter Operating income has decreased significantly, and profits have been reduced accordingly.

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