---
title: "KINGDOM HOLDING released its 2024 annual performance, with a shareholder attributable loss of 45.38 million yuan, turning from profit to loss year-on-year"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/233252679.md"
description: "KINGDOM HOLDING released its 2024 annual performance, with revenue of 2.572 billion yuan, a year-on-year increase of 5.16%. However, the loss attributable to the parent company owners was 45.38 million yuan, compared to a profit of 164 million yuan in the same period last year, with a basic loss per share of 0.07 yuan. The revenue growth was mainly due to the increase in the selling price of pure linen yarn, but sales in the Chinese market decreased by 9.6%, while sales in the EU and non-EU markets increased by 10.1% and 24.7%, respectively"
datetime: "2025-03-26T09:06:12.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/233252679.md)
  - [en](https://longbridge.com/en/news/233252679.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/233252679.md)
---

# KINGDOM HOLDING released its 2024 annual performance, with a shareholder attributable loss of 45.38 million yuan, turning from profit to loss year-on-year

According to the Zhitong Finance APP, KINGDOM HOLDING (00528) released its annual performance for the year ending December 31, 2024. The company achieved revenue of 2.572 billion yuan (RMB, the same below), an increase of 5.16% year-on-year; the loss attributable to the parent company’s owners was 45.38 million yuan, compared to a profit of 164 million yuan attributable to the parent company’s owners in the same period last year; basic loss per share was 0.07 yuan.

The announcement stated that the revenue growth was mainly due to the higher average selling price of pure linen yarn during the year. Sales to China decreased by 9.6% year-on-year, while sales to the EU and non-EU markets increased by 10.1% and 24.7%, respectively

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