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Earnings Troubles May Signal Larger Issues for Nanjing OLO Home FurnishingLtd (SHSE:603326) Shareholders
Third Quarter Report 2024
Announcement on the main operating data for the first three quarters of 2024
Nanjing OLO Home Furnishing (603326.SH): The net income for the first three quarters was 80.5504 million yuan, a decrease of 47.63% year-on-year.
Geelonghui October 29th | nanjing olo home furnishing (603326.SH) announced that in the first three quarters of 2024, it achieved revenue of 1.033 billion yuan, a year-on-year decrease of 16.53%; net income attributable to shareholders of the listed company was 80.5504 million yuan, a year-on-year decrease of 47.63%; basic earnings per share was 0.2489 yuan.
Nanjing OLO Home Furnishing (603326.SH): Actively exploring the application of AI intelligence.
On September 5th, Olo Home Furnishing (603326.SH) stated at the performance briefing that the company focuses on original design, seeks the ultimate beauty of home, and has established the ODC International Home Design Center to cultivate a comprehensive design team. They collaborate with global designers to create high value-added products with differentiation and cultural significance, ensuring the innovation and uniqueness of their products. The company actively explores the application of AI intelligence to improve decision-making efficiency and execution. Additionally, the company emphasizes intellectual property protection, actively applying for copyright and design patents for original designs, and enhancing brand promotion to maintain its position in design and development.
Summary of Half-Year Report in 2024.
Not Many Are Piling Into Nanjing OLO Home Furnishing Co.,Ltd (SHSE:603326) Stock Yet As It Plummets 25%
