The report shows that in the first half of the year, Gome whatsapp number in australia Retail's expected sales revenue fell by more than 50% compared with 415 million yuan in the same period last year. In its performance forecast, Gome Retail explained that the decline in revenue scale was due to funding constraints and the reduction in the scale of its retail network, which reduced the scale of its business operations.
The performance forecast shows that due to the decrease in revenue and the increase in joint and several liability for subsidiaries declared bankrupt by the court, impairment losses on financial assets and penalty interest on overdue financing debts, Gome Retail's loss attributable to parent shareholders in the first half of the year is expected to expand by 20% to 30% from 3.539 billion yuan in the same period last year.
According to the 2023 annual report released by Gome Retail in March this year, Gome Retail's revenue last year was 647 million yuan, a year-on-year decrease of 96.29%; the net profit attributable to the parent was a loss of 10.057 billion yuan.
Hang Lung Group said that there were three main reasons for the decline in property rental income: the sluggish performance of the luxury consumption market, the increase in the number of people traveling abroad to buy luxury goods, and oversupply and fierce competition in the office leasing market.
Shanghai Henglong Plaza, a high-end shopping mall that has always been regarded as a "cash cow", was the first to be hit.