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Pearl River Piano: First Quarter Report 2025
Guangzhou Pearl River Piano Group (002678.SZ): Net loss of 51.6847 million yuan in the first quarter.
On April 29, Gelonghui reported that Guangzhou Pearl River Piano Group (002678.SZ) published its Q1 2025 report, reporting revenue of 0.124 billion yuan, a year-on-year decrease of 42.11%; the net income attributable to the shareholders of the listed company was -51.6847 million yuan, and the net income attributable to the shareholders of the listed company after deducting non-recurring gains and losses was -53.8009 million yuan, with an EPS of -0.04 yuan.
Is Guangzhou Pearl River Piano GroupLtd (SZSE:002678) A Risky Investment?
Guangzhou Pearl River Piano Group (002678.SZ): The company's overseas sales revenue in the USA has been somewhat affected by the increased tariffs imposed by the USA.
Gelonghui reported on April 17th that Guangzhou Pearl River Piano Group (002678.SZ) stated in a recent investor relations activity that the company's Overseas sales revenue in the USA has been somewhat affected by the increased tariffs, but the company primarily focuses on domestic sales of musical instruments, and is actively expanding into Cultural Tourism, Furniture, and Speaker businesses.
Pearl River Piano to Set Up Cultural Tourism Subsidiary for 200 Million Yuan
Pearl River Piano: 2024 Annual Report Summary