KINGDOM HOLDING released its 2024 annual performance, with a shareholder attributable loss of 45.38 million yuan, turning from profit to loss year-on-year
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KINGDOM HOLDING released its 2024 annual performance, with revenue of 2.572 billion yuan, a year-on-year increase of 5.16%. However, the loss attributable to the parent company owners was 45.38 million yuan, compared to a profit of 164 million yuan in the same period last year, with a basic loss per share of 0.07 yuan. The revenue growth was mainly due to the increase in the selling price of pure linen yarn, but sales in the Chinese market decreased by 9.6%, while sales in the EU and non-EU markets increased by 10.1% and 24.7%, respectively
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