---
title: "Newland released its 2024 annual performance, with a net profit attributable to the parent company of 174 million yuan, a year-on-year increase of 9.22%, and plans to distribute 4 yuan and issue 4 additional shares for every 10 shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/231216995.md"
description: "Newland released its 2024 annual report, with operating revenue of 726 million yuan, a year-on-year increase of 11.51%; net profit attributable to the parent company of 174 million yuan, a year-on-year increase of 9.22%; and earnings per share of 0.62 yuan. The company plans to distribute a cash dividend of 4 yuan for every 10 shares and to increase capital reserves by issuing 4 additional shares for every 10 shares to all shareholders. During the reporting period, the company strengthened internal management and focused on cost reduction and efficiency improvement"
datetime: "2025-03-10T12:11:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/231216995.md)
  - [en](https://longbridge.com/en/news/231216995.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/231216995.md)
---

# Newland released its 2024 annual performance, with a net profit attributable to the parent company of 174 million yuan, a year-on-year increase of 9.22%, and plans to distribute 4 yuan and issue 4 additional shares for every 10 shares

According to the Zhitong Finance APP, Newland (301277.SZ) released its annual report for 2024, reporting an annual operating income of 726 million yuan, a year-on-year increase of 11.51%; the net profit attributable to shareholders of the listed company was 174 million yuan, a year-on-year increase of 9.22%; the net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 161 million yuan, a year-on-year increase of 11.40%; basic earnings per share were 0.62 yuan/share. It is proposed to distribute a cash dividend of 4 yuan (including tax) for every 10 shares to all shareholders, and to increase capital reserves by converting 4 shares for every 10 shares to all shareholders.

During the reporting period, the company further strengthened internal management and adhered to cost reduction and efficiency enhancement

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