---
title: "TITANS ENERGY released its annual performance report, with a shareholder attributable loss of 45.383 million yuan, an increase of 3.19% year-on-year"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/231858635.md"
description: "According to the Zhitong Finance APP, TITANS ENERGY released its year-end results for the year ending December 31, 2024, with a revenue of 392 million yuan (RMB, the same below), an increase of 4.8% year-on-year; the loss attributable to shareholders was 45.383 million yuan, an increase of 3.19% year-on-year; the basic loss per share was 3.04 cents. The announcement stated that the main reasons for the group's loss in 2024 were: increased costs and expenses during the reporting period; and impairment losses on accounts receivable"
datetime: "2025-03-14T12:31:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/231858635.md)
  - [en](https://longbridge.com/en/news/231858635.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/231858635.md)
---

# TITANS ENERGY released its annual performance report, with a shareholder attributable loss of 45.383 million yuan, an increase of 3.19% year-on-year

According to the Zhitong Finance APP, TITANS ENERGY (02188) released its final performance for the year ending December 31, 2024, with a revenue of 392 million yuan (RMB, the same below), an increase of 4.8% year-on-year; the loss attributable to shareholders was 45.383 million yuan, an increase of 3.19% year-on-year; basic loss per share was 3.04 cents.

The announcement stated that the main reasons for the group's loss in 2024 were: an increase in costs and expenses during the reporting period; and impairment losses on accounts receivable

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