Xygf released its 2024 annual performance, with a net loss attributable to the parent company of 319 million yuan, an increase of 139.15%
Xygf released its 2024 annual report, with operating revenue of 665 million yuan, a year-on-year decrease of 44.16%. The net loss attributable to shareholders was 319 million yuan, a year-on-year increase of 139.15%. The net loss after deducting non-recurring gains and losses was 323 million yuan, a year-on-year increase of 110.25%. The basic loss per share was 0.2181 yuan. The losses were mainly due to factors such as historical debt, financial pressure, and adjustments in industry policies, with the recovery of the aerospace business falling short of expectations and insufficient prosperity in the agricultural machinery business
According to the Zhitong Finance APP, Xygf (300159.SZ) released its annual report for 2024, stating that the company's operating revenue was 665 million yuan, a year-on-year decrease of 44.16%. The net loss attributable to shareholders of the listed company was 319 million yuan, a year-on-year increase of 139.15%. The net loss attributable to shareholders of the listed company, excluding non-recurring gains and losses, was 323 million yuan, a year-on-year increase of 110.25%. The basic loss per share was 0.2181 yuan.
The announcement stated that the main reasons for the company's losses were the impact of historical heavy debts and financial pressures as internal factors, combined with adverse external factors such as industry policies and cyclical adjustments. The company's aerospace business recovery was below expectations this year, and the agricultural machinery business faced insufficient downstream and terminal prosperity, leading to a significant decline in the company's operating performance and failure to achieve a turnaround
