Xinxing Ductile Iron Pipes (000778.SZ) issued a profit warning, expecting a net profit of 146 million to 219 million yuan for the year 2024, a year-on-year decrease of 89.19% to 83.78%.

Xinxing Ductile Iron Pipes (000778.SZ) has released its performance forecast for the year 2024, with the company expecting a net profit attributable to shareholders of the listed company of 146 million to 219 million yuan, a year-on-year decrease of 89.19% to 83.78%; a net loss after deducting non-recurring gains and losses attributable to shareholders of the listed company of 95.72 million to 144 million yuan, turning from profit to loss.