--- title: "SXXC issues a profit warning, expecting a net loss of 380 million to 420 million yuan for the year 2024" type: "News" locale: "en" url: "https://longbridge.com/en/news/225818883.md" description: "According to the Zhitong Finance APP, SXXC has released its 2024 annual performance forecast, expecting a net loss attributable to shareholders of the listed company of between 380 million yuan and 420 million yuan for the year. During the reporting period, the production capacity of the functional polyester film industry continued to be released, market competition became increasingly fierce, product sales prices declined, and gross profit margins decreased" datetime: "2025-01-22T10:14:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/225818883.md) - [en](https://longbridge.com/en/news/225818883.md) - [zh-HK](https://longbridge.com/zh-HK/news/225818883.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/225818883.md) | [繁體中文](https://longbridge.com/zh-HK/news/225818883.md) # SXXC issues a profit warning, expecting a net loss of 380 million to 420 million yuan for the year 2024 According to the Zhitong Finance APP, SXXC (002585.SZ) released its annual performance forecast for 2024, expecting a net loss attributable to shareholders of the listed company of between 380 million yuan and 420 million yuan for the year. During the reporting period, the functional polyester film industry continued to release capacity, market competition became increasingly fierce, product sales prices declined, and gross profit margins decreased ### Related Stocks - [SXXC (002585.CN)](https://longbridge.com/en/quote/002585.CN.md) ## Related News & Research - [Materials Up as Stagflation Fears Simmer -- Materials Roundup](https://longbridge.com/en/news/278451983.md) - [Fosun Pharma Unit Gets China Nod for Hematological Malignancy Drug Trial](https://longbridge.com/en/news/279052280.md) - [Central Iron Ore Raises $318,000 in Upsized Private Placement to Advance Australian Projects](https://longbridge.com/en/news/279058148.md) - [A Look At Star Plus Legend Holdings’ Valuation As Guidance Swings From Profit To Loss](https://longbridge.com/en/news/279105880.md) - [Daily Multivitamins May Slow Biological Aging In Older Adults, Study Finds](https://longbridge.com/en/news/278604286.md)