---
title: "SANGANG MINGUANG: It is expected that the net profit in 2024 will be a loss of 1.262 billion yuan, a year-on-year decrease of 89.00%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/225031322.md"
description: "SANGANG MINGUANG announced that it expects a net loss attributable to shareholders of the listed company of 1.262 billion yuan from January 1, 2024, to December 31, 2024, a decrease of 89.00% compared to the same period last year. The net loss after deducting non-recurring gains and losses is expected to be 712 million yuan, a decrease of 270.87% compared to the same period last year. The basic earnings per share loss is expected to be 0.52 yuan/share"
datetime: "2025-01-15T10:05:30.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/225031322.md)
  - [en](https://longbridge.com/en/news/225031322.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/225031322.md)
generator: "portal-rs"
---

# SANGANG MINGUANG: It is expected that the net profit in 2024 will be a loss of 1.262 billion yuan, a year-on-year decrease of 89.00%

SANGANG MINGUANG announced that it expects a net loss attributable to shareholders of the listed company of RMB 1.262 billion from January 1, 2024, to December 31, 2024, a decrease of 89.00% compared to the same period last year. The net loss after deducting non-recurring gains and losses is expected to be RMB 712 million, a decrease of 270.87% compared to the same period last year. The basic earnings per share loss is expected to be RMB 0.52 per share

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**