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Express News | Xinda Investment Holdings FY Gross Margin 26.83%
XINDA INV HLDGS: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2024 AND CHANGE OF COMPANY WEBSITE ADDRESS
XINDA INV HLDGS (01281.HK) plans to hold a Board of Directors meeting on March 27 to approve the annual performance.
On March 17th, Gelonghui reported that XINDA INV HLDGS (01281.HK) announced that it will hold a Board of Directors meeting on Thursday, March 27, 2025, to consider and approve the performance and its release for the year ending December 31, 2024, as well as to consider the distribution of a final dividend (if any).
XINDA INV HLDGS (01281.HK) expects a loss of approximately 23 million to -28 million yuan for the fiscal year 2024.
On March 6, Glonghui announced that XINDA INV HLDGS (01281.HK) expects to report a loss attributable to shareholders of approximately RMB 23,000,000 to RMB 28,000,000 for the 2024 fiscal year, compared to a loss of RMB 18,179,000 for the 2023 fiscal year. It is anticipated that the group's losses will increase in 2024, mainly due to the fact that a distributed Photovoltaic Power Station with a capacity of about 6.6 megawatts is expected to face an unfavorable recovery of national renewable energy subsidies, in accordance with prudent management.
Express News | Xinda Investment - Expected Result Due to Impairment Provision of RMB53.96 Mln for National Subsidy & Solar Plant Assets in FY, Others
Express News | Xinda Investment Holdings Ltd - Expected Net Loss of RMB23 Mln to RMB28 Mln for 2024