Huafa Co., Ltd. (600325.SH): Net profit of 1,838 billion yuan in 2023, plans to distribute 10 to 3.7 yuan

On April 27, Ge Longhui Co., Ltd. (600325.SH) released its 2023 annual report. In 2023, the company achieved operating income of 72.145 billion yuan, a year-on-year increase of 19.35%; net profit of 3.465 billion yuan, a year-on-year decrease of 28.96%; net profit to mother of 1,838 billion yuan, a year-on-year decrease of 29.58%; and plans to distribute a cash dividend of 3.70 yuan (tax included) for every 10 shares to all shareholders. During the reporting period, the company started a new construction area of 2,047,500 square meters and completed an area of 5.149,300 square meters. By the end of the reporting period, the company had land reserves and planned construction surfaces

Gelonghui FinanceApr 26 22:26 ET

Anhui Hengyuan Coal Industry and Electricity PowerLtd (SHSE:600971) Sheds 10% This Week, as Yearly Returns Fall More in Line With Earnings Growth

It's been a soft week for Anhui Hengyuan Coal Industry and Electricity Power Co.,Ltd (SHSE:600971) shares, which are down 10%. But that doesn't change the fact that the returns over the last three

Simply Wall StApr 26 18:57 ET

[Hong Kong Stock Connect] Net profit of Conch Cement (00914) in the first quarter decreased by 41.14% year on year to RMB 1,502 billion

Jinwu Financial News | Hailuo Cement (00914) announced that in the first quarter of 2024, it recorded net profit attributable to shareholders of 1,502 billion yuan (RMB, same below), a year-on-year decrease of 41.14%; recorded revenue of 21.328 billion yuan, a year-on-year decrease of 32.08%; and basic earnings per share of 0.28 yuan.

金吾財訊Apr 26 12:56 ET

[Hong Kong Stock Connect] Yankuang Energy (01171)'s net profit for the first quarter decreased by 41.85% year-on-year to RMB 3,757 billion

Jinwu Financial News | Yankuang Energy (01171) announced that in the first quarter of 2024, net profit attributable to the company's shareholders was recorded at 3,757 billion yuan (RMB, same below), a year-on-year decrease of 41.85%; revenue recorded 39.633 billion yuan, a year-on-year decrease of 20.76%; and basic earnings per share of 0.51 yuan. The year-on-year decline in prices of major products such as coal in the current period affected the year-on-year decline in net profit attributable to shareholders of listed companies.

金吾財訊Apr 26 11:58 ET

New Steel Co., Ltd. (600782.SH) announced first-quarter results with a net loss of 156 million yuan

According to the Zhitong Finance App, New Steel Co., Ltd. (600782.SH) disclosed its report for the first quarter of 2024. During the reporting period, the company achieved revenue of 11.294 billion yuan, a year-on-year decrease of 50.62%; a net profit loss of 156 million yuan to mother; and a loss of 241 million yuan in non-net profit. Basic earnings per share - $0.05.

Zhitong FinanceApr 26 11:38 ET

Coal stocks fell in Q1, China Shenhua's revenue increased slightly, and profit fell 14% year on year | Financial News

The first quarter results of coal stocks were poor, and China's Shenhua, the “leading coal and electricity company,” was no exception. Profits fell 14% in the first quarter. On Friday, China's Shenhua released its financial report for the first quarter of 2024. The financial report showed that China Shenhua achieved revenue of 87.647 billion yuan, a slight increase of 0.7% year on year; current profit attributable to the company's owners was 17.760 billion yuan, down 14.1% year on year, mainly due to falling coal prices; and net cash inflow from operating activities was 28.553 billion yuan, a slight year-on-year decline. Judging from the main operating indicators, in the first quarter of 2024, China Shenhua produced 81.3 million commercial coal

wallstreetcnApr 26 09:36 ET