---
title: "Xinbao Electrical Appliances Holdings' net profit for 2024 is 1.05 billion yuan, a year-on-year increase of 7.47%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/229908257.md"
description: "According to the Zhitong Finance APP, Xinbao Electrical Appliances Holdings disclosed its performance preliminary report for 2024, with total operating revenue reaching 16.821 billion yuan, an increase of 14.84% compared to the same period last year; net profit attributable to shareholders of the listed company was 1.05 billion yuan, an increase of 7.47% compared to the same period last year. The basic earnings per share were 1.2869 yuan. In 2024, the company continued to achieve steady growth in overall performance through cost reduction and efficiency enhancement measures such as technological innovation and production efficiency improvement"
datetime: "2025-02-27T12:04:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/229908257.md)
  - [en](https://longbridge.com/en/news/229908257.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/229908257.md)
generator: "portal-rs"
---

# Xinbao Electrical Appliances Holdings' net profit for 2024 is 1.05 billion yuan, a year-on-year increase of 7.47%

According to the Zhitong Finance APP, Xinbao Electrical Appliances Holdings (002705.SZ) disclosed its performance preliminary report for 2024, with total operating revenue reaching 16.821 billion yuan, an increase of 14.84% compared to the same period last year; net profit attributable to shareholders of the listed company was 1.05 billion yuan, an increase of 7.47% compared to the same period last year. The basic earnings per share were 1.2869 yuan.

In 2024, the company continued to achieve steady growth in overall performance through cost reduction and efficiency enhancement measures such as technological innovation and production efficiency improvement

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