Summary by Moomoo AI
China Coal Energy released key production operating data for April 2024 on May 15, 2024. The data showed that commodity coal production and sales fell by 5.8% and 11.9%, respectively, from the same period last year. In terms of the coal and chemical business, polyolefin sales increased slightly, with polyethylene production and sales up 0.0% and 4.4%, and polypropylene production and sales up 1.7% and 1.5%, respectively. Urea sales increased significantly, with production and sales increasing by 26.8% and 27.1%, respectively. However, both methanol and ammonium production decreased. The output of the coal mining equipment business also decreased by 4.3% compared to the same period last year. The company notes that these data are derived from internal statistics and may differ from those disclosed on a regular basis. In addition, the company emphasizes that these data are influenced by a variety of factors and do not represent predictions or guarantees of future business conditions. China Coal Energy will hold its monthly production operations briefing in due course to provide investors with a deeper understanding of the company's situation.