---
title: "XREC's net profit attributable to the parent company for the year 2024 is 1.996 billion yuan, a year-on-year increase of 8.28%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/230063858.md"
description: "XREC released its 2024 annual performance preliminary report, with total operating revenue of 9.049 billion yuan, a year-on-year increase of 11.90%; net profit attributable to the parent company was 1.996 billion yuan, a year-on-year increase of 8.28%. Basic earnings per share were 0.67 yuan. The performance growth was mainly influenced by joint ventures, mergers and acquisitions, and the commissioning of new projects, with increased volumes in water supply, sewage treatment, and solid waste disposal, as well as an adjustment in sewage treatment service fees"
datetime: "2025-02-28T09:34:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/230063858.md)
  - [en](https://longbridge.com/en/news/230063858.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/230063858.md)
---

# XREC's net profit attributable to the parent company for the year 2024 is 1.996 billion yuan, a year-on-year increase of 8.28%

According to the Zhitong Finance APP, XREC (000598.SZ) disclosed its performance report for the year 2024, achieving total operating revenue of 9.049 billion yuan, a year-on-year increase of 11.90%; the net profit attributable to shareholders of the listed company was 1.996 billion yuan, a year-on-year increase of 8.28%. The basic earnings per share were 0.67 yuan.

During the reporting period, the company's operating performance increased compared to the previous year, mainly influenced by factors such as joint ventures, mergers and acquisitions, and the completion and operation of new projects. The company's water supply, sewage treatment, and solid waste disposal business volume increased year-on-year, along with an adjustment in sewage treatment service fees

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