---
title: "Hengxing Science & Technology: In the fourth quarter of 2024, silicone and its related products will achieve a turnaround from loss to profit"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/229699164.md"
description: "Hengxing Science & Technology successfully turned losses into profits in the fourth quarter of 2024 for silicone and its related products, with production increasing by over 60% year-on-year and revenue growing by over 30% year-on-year. The company's metal products and chemical sectors are steadily developing, with overall business synergy driving high-quality growth"
datetime: "2025-02-26T06:29:11.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/229699164.md)
  - [en](https://longbridge.com/en/news/229699164.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/229699164.md)
generator: "portal-rs"
---

# Hengxing Science & Technology: In the fourth quarter of 2024, silicone and its related products will achieve a turnaround from loss to profit

On February 25th, Hengxing Science & Technology stated during an institutional research that the company's metal products and chemical segments will both develop steadily in 2024. The overall production and sales volume as well as revenue of metal products have increased year-on-year, successfully stabilizing the overall operations. The output of silicone and its related products has increased by over 60% year-on-year, with revenue growing by over 30%. In the fourth quarter, the company successfully turned losses into profits. In 2024, the company will synergize efforts across all business segments, making steady progress overall. The company will continue to promote high-quality development through ongoing internal innovation optimization and external market expansion

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