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Xingda International Logs 40% Drop in FY24 Attributable Profit to 269 Million Yuan, 3.9% Rise in Revenue to 11.9 Billion Yuan
XINGDA INT'L (01899.HK) has a revenue of 11.94 billion yuan for the year 2024, an increase of 3.9% year-on-year.
Gelonghui, March 31丨XINGDA INT'L (01899.HK) announced that in 2024, the group recorded revenue of RMB 11.94 billion, an increase of 3.9% year-on-year. The gross margin decreased by 0.8 percentage points compared to the same period last year, reaching 18.4%. The profit attributable to shareholders decreased by 40.1% year-on-year to RMB 0.269 billion. The basic earnings per share were RMB 14.23 cents.
XINGDA INT'L: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2024
Xingda International Decrease in Selling Price of Steel Cords Weighed on Results>1899.HK
Xingda International 2023 Net Was CNY449.40M>1899.HK
XINGDA INT'L (01899.HK) intends to hold a Board of Directors meeting on March 31 to approve the annual performance.
Gelonghui reported on March 14 that XINGDA INT'L (01899.HK) announced that a Board of Directors meeting will be held on March 31, 2025 (Monday) to consider and approve the performance for the year ended December 31, 2024, of the company and its subsidiaries and its release, as well as to consider the distribution of a final dividend (if applicable).