---
title: "AOWEI HOLDING released its annual performance report, with a loss of 290 million yuan for the year, a year-on-year narrowing of 47.26%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/233477152.md"
description: "According to the Zhitong Finance APP, AOWEI HOLDING released its annual performance for the year ending December 31, 2024. The group achieved revenue of 646 million yuan (RMB, the same below), a year-on-year decrease of 3.25%; the annual loss was 290 million yuan, a year-on-year narrowing of 47.26%; basic loss per share was 0.18 yuan. The announcement stated that the main reason for the decrease in revenue was the impact of reduced sales volume and sales prices of sand and gravel materials during the reporting period"
datetime: "2025-03-27T14:17:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/233477152.md)
  - [en](https://longbridge.com/en/news/233477152.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/233477152.md)
---

# AOWEI HOLDING released its annual performance report, with a loss of 290 million yuan for the year, a year-on-year narrowing of 47.26%

According to the Zhitong Finance APP, AOWEI HOLDING (01370) announced its annual performance for the year ending December 31, 2024. The group achieved revenue of RMB 646 million during the period, a year-on-year decrease of 3.25%; the annual loss was RMB 290 million, a year-on-year narrowing of 47.26%; basic loss per share was RMB 0.18.

The announcement stated that the main reason for the decrease in revenue was the impact of reduced sales volume and sales prices of sand and gravel during the reporting period

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