---
title: "XINXING PIPES issued a profit warning, expecting a net profit of 146 million to 219 million yuan for the fiscal year 2024, a year-on-year decrease of 89.19% to 83.78%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/225563462.md"
description: "According to the Zhitong Finance APP, XINXING PIPES has released its performance forecast for 2024. The company expects a net profit attributable to shareholders of the listed company to be between 146 million yuan and 219 million yuan, a year-on-year decrease of 89.19% to 83.78%; the net loss attributable to shareholders of the listed company after deducting non-recurring gains and losses is expected to be between 95.7212 million yuan and 144 million yuan, turning from profit to loss"
datetime: "2025-01-20T13:50:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/225563462.md)
  - [en](https://longbridge.com/en/news/225563462.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/225563462.md)
generator: "portal-rs"
---

# XINXING PIPES issued a profit warning, expecting a net profit of 146 million to 219 million yuan for the fiscal year 2024, a year-on-year decrease of 89.19% to 83.78%

According to the Zhitong Finance APP, XINXING PIPES (000778.SZ) released its performance forecast for 2024, expecting a net profit attributable to shareholders of the listed company to be between 146 million yuan and 219 million yuan, a year-on-year decrease of 89.19% to 83.78%; the net loss attributable to shareholders of the listed company after deducting non-recurring gains and losses is expected to be between 95.7212 million yuan and 144 million yuan, turning from profit to loss

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