Summary by Moomoo AI
China Shenhua Energy Co., Ltd. (“Shenhua China”) released key operating data for February 2024 on 14 March 2024. The report showed that commodity coal production for the month was flat with the same period last year, and coal sales grew by 0.8% year-on-year. Shipments in Huangshan Port grew by 18.2% year-on-year, but turnover in own rail transport decreased slightly by 0.8% year-on-year. Power generation and electricity sales fell 13.7% and 14.1% year-on-year, respectively, affected by the Spring Festival holiday. Sales of coal chemical products decreased slightly year-on-year. The company noted that operating data is influenced by a variety of factors such as seasonality, weather changes, and reminded investors not to rely too much on such monthly data as...Show More