Xiangxing International Holding Ltd 2024 AR2

The report highlights Xiangxing International Holding Limited's performance for the fiscal year 2024, during which the company achieved a 32.5% increase in revenue, driven by the expansion of its supply chain operations. To align with sustainability trends, the company prioritized green development by deploying 31 electric container trucks, which successfully reduced diesel consumption but increased electricity usage. Despite these operational advancements, the company recorded a net loss of approximately RMB 4,893,000, primarily due to increased impairment losses on prepayments and receivables. Xiangxing International remains committed to safety and efficiency, maintaining a strong focus on occupational health and safety with zero fatalities reported.

Company: Xiangxing International Holding Ltd

Sector: Industrials

Country: China

Year: 2024

Type: AR2

Pages: 149

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Xiangxing International Holding Ltd

Xiangxing International Holding Ltd 2024 Annual Report

Annual Report

The report highlights Xiangxing International Holding Limited's performance for the fiscal year 2024, during which the company achieved a 32.5% increase in revenue, driven by the expansion of its supply chain operations. To align with sustainability trends, the company prioritized green development by deploying 31 electric container trucks, which successfully reduced diesel consumption but increased electricity usage. Despite these operational advancements, the company recorded a net loss of approximately RMB 4,893,000, primarily due to increased impairment losses on prepayments and receivables. Xiangxing International remains committed to safety and efficiency, maintaining a strong focus on occupational health and safety with zero fatalities reported.

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Document Details

Report Year

2024

Reporting Period

Jan 1, 2024 - Dec 31, 2024

Fiscal Year

2024

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Scope 3:

Water Consumption

Workplace Fatalities

Employees