--- title: "XINJINLU issues a profit warning, expecting a net loss of 50 million to 75 million yuan for the fiscal year 2024" type: "News" locale: "en" url: "https://longbridge.com/en/news/225552539.md" description: "According to the Zhitong Finance APP, XINJINLU released its performance forecast for 2024, expecting a net loss attributable to shareholders of the listed company to be between 50 million yuan and 75 million yuan for the entire year. During the reporting period, the company adhered to a cost-accounting approach, continuously strengthened internal management, deeply explored internal potential, and implemented a series of cost reduction and efficiency enhancement measures to lower product production costs. At the same time, it strengthened budget management, effectively reducing expense expenditures, resulting in a decrease in the loss amount compared to the same period last year" datetime: "2025-01-20T12:15:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/225552539.md) - [en](https://longbridge.com/en/news/225552539.md) - [zh-HK](https://longbridge.com/zh-HK/news/225552539.md) generator: "portal-rs" --- # XINJINLU issues a profit warning, expecting a net loss of 50 million to 75 million yuan for the fiscal year 2024 According to the Zhitong Finance APP, XINJINLU (000510.SZ) released its performance forecast for 2024, expecting a net loss attributable to shareholders of the listed company of between 50 million yuan and 75 million yuan for the year. During the reporting period, the company adhered to a cost-accounting approach, continuously strengthened internal management, deeply explored internal potential, and implemented a series of cost-reduction and efficiency-enhancement measures to lower product production costs. At the same time, it strengthened budget management, effectively reduced expense expenditures, resulting in a decrease in the loss amount compared to the same period last year ### Related Stocks - [000510.CN](https://longbridge.com/en/quote/000510.CN.md) ## Related News & Research - [Europe's Gas Gap and the Hungary Play](https://longbridge.com/en/news/298199066.md) - [New service lets Singaporeans drive rental cars to Malaysia](https://longbridge.com/en/news/297889518.md) - [Here are some of REI’s best Labor Day sale deals](https://longbridge.com/en/news/297820309.md) - [03:10 ETBeyond the Screen: INFiLED Expands LED Across Rail Transport](https://longbridge.com/en/news/298178571.md) - [10:13 ETPOWERCHINA Advances Wind Power and Energy Storage Development to Support Egypt's Sustainable Energy Transition](https://longbridge.com/en/news/297927902.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**