--- title: "Kengic reported a net loss of 56.3388 million yuan for the year 2024" type: "News" locale: "en" url: "https://longbridge.com/en/news/229944022.md" description: "Kengic released its 2024 annual performance preliminary report, with operating revenue of 1.394 billion yuan, a year-on-year increase of 21.41%. The net loss attributable to the parent company's owners was 56.3388 million yuan, and the net loss after deducting non-recurring gains and losses was 72.4801 million yuan, with a basic loss per share of 0.32 yuan. The company increased its gross profit margin by approximately 2.49% compared to the same period last year by expanding order scale and strengthening cost control, with research and development expenses amounting to 95.4586 million yuan, a year-on-year increase of approximately 30.55%" datetime: "2025-02-27T15:44:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/229944022.md) - [en](https://longbridge.com/en/news/229944022.md) - [zh-HK](https://longbridge.com/zh-HK/news/229944022.md) generator: "portal-rs" --- # Kengic reported a net loss of 56.3388 million yuan for the year 2024 According to the Zhitong Finance APP, Kengic (688455.SH) disclosed its performance report for the year 2024, with operating revenue of 1.394 billion yuan, an increase of 21.41% year-on-year; a net loss attributable to the parent company's owners of 56.3388 million yuan; a net loss attributable to the parent company's owners after deducting non-recurring gains and losses of 72.4801 million yuan; and a basic loss per share of 0.32 yuan. During the reporting period, the company achieved significant improvement in operating performance by expanding order scale and strengthening cost control, with a gross profit margin increase of approximately 2.49% compared to the same period last year. The period expense ratio decreased compared to the same period last year. During the reporting period, the company's R&D expenses amounted to 95.4586 million yuan, a year-on-year increase of approximately 30.55% ### Related Stocks - [688455.CN](https://longbridge.com/en/quote/688455.CN.md) ## Related News & Research - [CityWalk e-Bike wins approval for planned 25,000-vehicle rollout in Chengdu, Foshan](https://longbridge.com/en/news/298458546.md) - [JLR plans 4,000 job cuts as tariffs sharpen its US push](https://longbridge.com/en/news/298224348.md) - [TAL: Production exceeds targets and new royalty terms improve future economics](https://longbridge.com/en/news/298178519.md) - [ZAWYA: Nigeria, APM Terminals advance Badagry port plan to boost West Africa trade](https://longbridge.com/en/news/298418254.md) - [Haier Smart Home files HKEX next-day return disclosing RMB 21.59 A-share buyback](https://longbridge.com/en/news/298197718.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**