---
title: "Xinde New Material issued a profit warning, expecting a net loss of 27.8648 million to 37.6994 million yuan for the fiscal year 2024, turning from profit to loss"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/225828123.md"
description: "According to the Zhitong Finance APP, Xinde New Material has released its annual performance forecast for 2024. The company expects a net loss attributable to shareholders of the listed company of RMB 27.8648 million to RMB 37.6994 million, turning from profit to loss; the net loss after deducting non-recurring gains and losses is expected to be RMB 48.5512 million to RMB 65.6869 million, also turning from profit to loss"
datetime: "2025-01-22T11:13:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/225828123.md)
  - [en](https://longbridge.com/en/news/225828123.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/225828123.md)
---

# Xinde New Material issued a profit warning, expecting a net loss of 27.8648 million to 37.6994 million yuan for the fiscal year 2024, turning from profit to loss

According to the Zhitong Finance APP, Xinde New Material (301349.SZ) released its 2024 annual performance forecast, expecting a net loss attributable to shareholders of the listed company of RMB 27.8648 million to RMB 37.6994 million, turning from profit to loss; the net loss after deducting non-recurring gains and losses is expected to be RMB 48.5512 million to RMB 65.6869 million, also turning from profit to loss

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