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Subdued Growth No Barrier To Fsilon Furnishing and Construction Materials Corporation (SHSE:605318) With Shares Advancing 26%
Private Companies Are Fsilon Furnishing and Construction Materials Corporation's (SHSE:605318) Biggest Owners and Were Rewarded After Market Cap Rose by CN¥529m Last Week
Fsilon Furnishing and Construction Materials Approve Subsidiary Structural Separation
Fsilon Furnishing and Construction Materials Corporation (605318.SH): Subsidiary Lishang Building Materials plans to implement a continuation split.
Glonghui reported on February 10 that Fsilon Furnishing and Construction Materials Corporation (605318.SH) announced that it will hold the fourth meeting of the third Board of Directors on February 10, 2025, to review and approve the proposal on the continuation of the spin-off of its wholly-owned subsidiary Zhejiang Lishang Building Materials Technology Co., Ltd. (referred to as "Lishang Building Materials").
Announcement of Fashilong Home Furnishing & Building Materials Co., Ltd.\'s 2024 annual results pre-loss
Fsilon Furnishing and Construction Materials Corporation (605318.SH): Expected net loss of 23 million yuan to -29.8 million yuan in 2024.
On January 17, Gelonghui reported that Fsilon Furnishing and Construction Materials Corporation (605318.SH) announced, according to preliminary estimates by the financial department, that it is expected to realize a net income attributable to the company's owners of -29.8 million yuan to -23 million yuan for the year 2024, indicating a loss compared to the same period last year (statutory disclosure data). It is expected that the net income attributable to the parent company's owners, excluding non-recurring gains and losses, will be -26.84 million yuan to -20.04 million yuan for the year 2024. In 2024, the company will reduce its sales scale year-on-year, decrease in revenue, intensify market competition, and the overall gross profit and profitability levels in the industry will decline.
