Chinese furniture maker Royale Home H1 revenue falls on weak demand

Royale Home Holdings

27/08/2026 15:36

Overview
China home furniture maker's H1 revenue dropped sharply year-over-year
Net loss attributable to owners widened versus prior year period
Company warns of material uncertainty over going concern due to net current liabilities and low cash

Outlook
Company expects policy support to drive steady recovery in home furnishing sector in H2 2026
Royale Home Holdings plans to advance globalization strategy, targeting growth in Central Asia and Southeast Asia
Company aims to optimize debt, improve cash flow and strengthen financial position in H2 2026

Result Drivers
DOMESTIC MARKET PRESSURE - Co said continued pressure on the domestic manufacturing sector weighed on results
INVESTMENT PROPERTY FAIR VALUE LOSS - Co cited a significant negative change in the fair value of investment properties as a major factor in the widened loss
SLUGGISH FURNITURE DEMAND - Co said demand for new-home furniture packages remained sluggish, leading to intensified market competition

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
RMB 99.1 mln
 
H1 Net Loss Attributable
 
RMB 333.3 mln
 

Reuters Recommended Reads
Aug 25 - Sinomax Group half-year profit falls on increased operating costs
Aug 26 - Furnishings retailer Williams-Sonoma's Q2 revenue rises more than expected
Aug 25 - China's Maoye International swings to H1 net loss amid weak consumer spending

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Press Release s3://eap-prd-eu-west-1-source-content/eap_feed_proxy/fingerpost/HKSW/2026-08-27/d3b8e304-2171-43da-a69f-7e7df5ba9c74.file
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)