According to Raiter's announcement, net profit attributable to shareholders of listed companies is expected to be -16 million yuan to -11 million yuan, compared to 516.662 million yuan for the same period last year; net profit after deducting non-recurring profit and loss is -19 million yuan to -14.5 million yuan, compared to 40.2412 million yuan for the same period last year. The changes in performance are mainly due to weak demand and fierce competition in the home and bathroom industry, falling product unit prices, declining revenue, and squeezing profit margins.

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