---
title: "West Construction released its 2024 annual performance, reporting a net loss attributable to the parent company of 263 million yuan, turning from profit to loss"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/234231413.md"
description: "West Construction released its 2024 annual report, with operating revenue of 20.347 billion yuan, a year-on-year decrease of 11.01%; net loss attributable to shareholders of 263 million yuan, turning from profit to loss; loss per share of 0.2283 yuan. The company focuses on major national strategic areas, adding 54 new batching plants to enhance market layout, with a year-on-year increase of 18.5% in pre-mixed concrete contracts. At the same time, overseas business is developing rapidly, successfully entering Papua New Guinea"
datetime: "2025-04-02T13:22:05.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/234231413.md)
  - [en](https://longbridge.com/en/news/234231413.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/234231413.md)
generator: "portal-rs"
---

# West Construction released its 2024 annual performance, reporting a net loss attributable to the parent company of 263 million yuan, turning from profit to loss

According to the Zhitong Finance APP, West Construction (002302.SZ) released its annual report for 2024. The company's operating revenue for 2024 was 20.347 billion yuan, a year-on-year decrease of 11.01%; the net loss attributable to shareholders of the listed company was 263 million yuan, turning from profit to loss; the net loss attributable to shareholders of the listed company, excluding non-recurring gains and losses, was 334 million yuan, turning from profit to loss; the basic loss per share was 0.2283 yuan/share. It is proposed to distribute a cash dividend of 1.25 yuan (including tax) for every 10 shares.

During the reporting period, the company focused on major national strategic areas, continuously improving its market layout in regions such as Beijing-Tianjin-Hebei, the Yangtze River Delta, and the Guangdong-Hong Kong-Macao Greater Bay Area, adding 54 new concrete mixing stations (40 of which are in major strategic areas), and entering seven blind spot cities including Hangzhou, Wenzhou, Changzhou, and Huai'an for the first time, significantly enhancing coverage and service capabilities in hot areas. The contracted volume of ready-mixed concrete in national strategic areas reached 80.1 million cubic meters, a year-on-year increase of 18.5%, with contract volume growth exceeding 30% in regions such as Beijing, Guangdong, and Anhui. At the same time, the company accelerated the development of its overseas business, successfully entering Papua New Guinea, with significant year-on-year growth in concrete production, operating revenue, and total profit in overseas regions

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