
Newland released its 2024 annual performance, with a net profit attributable to the parent company of 174 million yuan, a year-on-year increase of 9.22%, and plans to distribute 4 yuan and issue 4 additional shares for every 10 shares

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Newland released its 2024 annual report, with operating revenue of 726 million yuan, a year-on-year increase of 11.51%; net profit attributable to the parent company of 174 million yuan, a year-on-year increase of 9.22%; and earnings per share of 0.62 yuan. The company plans to distribute a cash dividend of 4 yuan for every 10 shares and to increase capital reserves by issuing 4 additional shares for every 10 shares to all shareholders. During the reporting period, the company strengthened internal management and focused on cost reduction and efficiency improvement
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