---
title: "XINXING PIPES released its 2024 annual performance, with a net profit attributable to shareholders of 167 million yuan, a year-on-year decrease of 87.60%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/235447090.md"
description: "XINXING PIPES released its 2024 annual report, with operating revenue of 36.194 billion yuan, a year-on-year decrease of 16.32%; net profit attributable to shareholders was 167 million yuan, a year-on-year decrease of 87.60%. After deducting non-recurring gains and losses, the net loss was 151 million yuan, with basic earnings per share of 0.042 yuan. The company plans to distribute a cash dividend of 0.20 yuan (including tax) for every 10 shares to all shareholders"
datetime: "2025-04-10T13:24:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/235447090.md)
  - [en](https://longbridge.com/en/news/235447090.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/235447090.md)
generator: "portal-rs"
---

# XINXING PIPES released its 2024 annual performance, with a net profit attributable to shareholders of 167 million yuan, a year-on-year decrease of 87.60%

According to the Zhitong Finance APP, XINXING PIPES (000778.SZ) released its annual report for 2024. During the reporting period, the company achieved operating revenue of 36.194 billion yuan, a year-on-year decrease of 16.32%. The net profit attributable to shareholders of the listed company was 167 million yuan, a year-on-year decrease of 87.60%. The net loss attributable to shareholders of the listed company, excluding non-recurring gains and losses, was 151 million yuan. The basic earnings per share were 0.042 yuan. It is proposed to distribute a cash dividend of 0.20 yuan (tax included) for every 10 shares to all shareholders

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