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Zhibang Home Furnishing announced that on October 30, 2026, the company received research from various organizations through a conference call. In the first three quarters of 2026, the company achieved operating income of 2,441 billion yuan, down 20.60% year on year; net loss attributable to shareholders of listed companies was 194 million yuan, down 212.11% year on year; gross margin was 27.18%, down 7.06 percentage points year on year. The core reason for losses in the third quarter was a decline in gross margin due to a decline in revenue scale, and unsaturated production capacity increased the pressure to share costs. The company's assembly business will continue to grow in 2026, and will guarantee reasonable profits from orders in the future; overseas business orders will maintain high growth in 2026, and delivery fluctuations are affected by geopolitical and other factors.
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Zhibang Home Furnishing announced that on October 30, 2026, the company received research from various organizations through a conference call. In the first three quarters of 2026, the company achieved operating income of 2,441 billion yuan, down 20.60% year on year; net loss attributable to shareholders of listed companies was 194 million yuan, down 212.11% year on year; gross margin was 27.18%, down 7.06 percentage points year on year. The core reason for losses in the third quarter was a decline in gross margin due to a decline in revenue scale, and unsaturated production capacity increased the pressure to share costs. The company's assembly business will continue to grow in 2026, and will guarantee reasonable profits from orders in the future; overseas business orders will maintain high growth in 2026, and delivery fluctuations are affected by geopolitical and other factors.
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