XIN YUAN ENT (01748) announced its annual results for 2024, reporting a net profit of 14.556 million USD, an increase of 71.31% year-on-year.
Xinyuan Enterprise Group (01748) announced its annual results for the year ending December 31, 2024. The group achieved revenue of $61.509 million, an increase of 4.4% year-on-year; annual profit was $14.556 million, an increase of 71.31% year-on-year; earnings per share were 3.31 cents.
XIN YUAN ENT (01748) announced its annual results for the year ending December 31, 2024. The group achieved revenue of USD 61.509 million, an increase of 4.4% year-on-year; annual profit was USD 14.556 million, up 71.31% year-on-year; earnings per share were 3.31 cents.
The increase in profit during the reviewed year was mainly due to approximately USD 3.6 million in non-recurring gains from the sale of the last cape-sized vessel in March 2024, an increase in gross profit, and a reduction in financing costs.
Related Articles
US Stock Market Move | Sandisk (SNDK.US) saw its stock rise by 14%, with a goal to achieve mid-to-high double-digit revenue growth in the fiscal years 2028 to 2030.
SanDisk (SNDK.US) releases long-term guidance for Deluxe Corporation: revenue growth in the mid to high double digits, gross margin around 80%, and FCF profit margin around 50%.
A-share Evening Highlights | Performance Reveals Strong Signals: Semiconductor Manufacturing International Corporation and Other Chip Giants Report Positive News
US Stock Market Move | Sandisk (SNDK.US) saw its stock rise by 14%, with a goal to achieve mid-to-high double-digit revenue growth in the fiscal years 2028 to 2030.
SanDisk (SNDK.US) releases long-term guidance for Deluxe Corporation: revenue growth in the mid to high double digits, gross margin around 80%, and FCF profit margin around 50%.
A-share Evening Highlights | Performance Reveals Strong Signals: Semiconductor Manufacturing International Corporation and Other Chip Giants Report Positive News
RECOMMEND
