---
title: "MEIYAPICO INC. released its 2024 annual performance, with a net loss attributable to the parent company of 415 million yuan, an increase of 101.83%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/233757867.md"
description: "MEIYAPICO INC. released its 2024 annual report, with operating revenue of 1.769 billion yuan, a year-on-year decrease of 10.82%. The net loss attributable to the parent company was 415 million yuan, a year-on-year increase of 101.83%. The net loss after deducting non-recurring gains and losses was 575 million yuan, a year-on-year increase of 71.61%. The basic loss per share was 0.48 yuan. The decline in net profit was mainly due to the impact of customer budgets, with some orders being delayed and an increase in selling expenses affecting net profit"
datetime: "2025-03-30T09:23:06.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/233757867.md)
  - [en](https://longbridge.com/en/news/233757867.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/233757867.md)
generator: "portal-rs"
---

# MEIYAPICO INC. released its 2024 annual performance, with a net loss attributable to the parent company of 415 million yuan, an increase of 101.83%

According to the Zhitong Finance APP, MEIYAPICO INC. (300188.SZ) released its annual report for 2024, showing an operating income of 1.769 billion yuan, a year-on-year decrease of 10.82%. The net loss attributable to shareholders of the listed company was 415 million yuan, a year-on-year increase of 101.83%. The net loss attributable to shareholders of the listed company, excluding non-recurring gains and losses, was 575 million yuan, a year-on-year increase of 71.61%. The basic loss per share was 0.48 yuan.

During the reporting period, the net profit declined mainly due to the impact of client budgets, which led to delays in some business opportunity orders. The implementation of existing orders and project delivery acceptance was also delayed. While consolidating the market for cornerstone track business, the company aimed to maintain a continuous competitive advantage for its products, strengthen the cultivation of innovative tracks, increase market expansion efforts, and accelerate the implementation of business layout, resulting in an increase in sales expenses compared to the same period last year, which affected the company's net profit

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**