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
Agricultural Bank of China GAAP EPS of RMB 0.72
China CITIC Bank Announces 2023 Annual Report: Achieving Net Profit of 67 Billion Dollars, Asset Quality Has Substantially Improved
The dividend rate remains high
Ningde Times, China Shenhua, Muyuan Co., Ltd.... A number of A-share giants are forecasting annual results!
On the evening of January 30, a number of A-share listed companies announced their 2023 annual results forecasts. A few companies are happy and a few are sad. The Ningde Era expects net profit to increase by more than 30% over the same period last year, reaching 42.5 billion yuan to 45.5 billion yuan, with daily earnings exceeding 116 million yuan; China Shenhua's profit in 2023 will drop 9.9% to 14%, and the drop in coal prices will affect performance. Sluggish pig prices have caused most listed pig companies to report losses in 2023, and industry differentiation has intensified. Among them, Muyuan Co., Ltd. expects a net loss of 3.9 billion to 4.7 billion yuan in 2023, and a profit of over 13.2 billion yuan in 2022. The price of lithium carbonate fell sharply, with a decline of more than one year
The market is red: Read the five major A-share dividend indices in one article
Since this year, the size of more than half of the dividend ETFs has grown by a blowout, with an increase of more than 100%.
Hang Seng Indices authorized Huaan Fund to use Hang Seng Hong Kong Stock Connect China Central Enterprise Dividend Index as an exchange traded fund
The Zhitong Finance App learned that on January 5, the Hang Seng Index Company authorized Huaan Fund to use the Hang Seng Hong Kong Stock Connect China Central Enterprise Dividend Index as a tracking index for the exchange traded fund - Huaan Hang Seng Hong Kong Stock Connect China Central Enterprise Dividend ETF. The fund concerned was listed on the Shanghai Stock Exchange on January 5, 2024. As of December 14, 2023, the fund's total asset management value was approximately RMB 339 million. As central enterprises have attracted market attention, the Hang Seng Hong Kong Stock Connect China Central Enterprise Dividend Index was launched to reflect securities that can be traded through Hong Kong Stock Connect and are listed in Hong Kong, where the largest shareholder is a mainland central enterprise, and has high dividend securities
Organization Department of the Central Committee: Xi Guohua serves as Party Secretary of China CITIC Group Co., Ltd.
There were many public comments in November
SunCar Technology Group Inc. Announces Strategic Cooperation With The Heilongjiang Branch Of The Agricultural Bank Of China
SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ:SDA), a leading provider in digitalized automotive after-sales services and online auto insurance intermediation in China, is delighted
China CITIC Bank's Third Quarterly Report: Major Wealth Management Banks Still Look at Wealth Management
Revenue declined, net profit increased
In the first quarterly report of the six major banks, CCB's net profit for the first three quarters increased 3.11% year-on-year
Decrease in defect rate
Jiangsu Expressway Company Limited Reports FY Results
Agricultural Bank of China Goes Ex-dividend Tomorrow
Yankuang Energy Group Company Goes Ex-dividend on Monday
China Shenhua Energy GAAP EPS of RMB 1.04, Revenue of RMB 87.04B
Agricultural Bank of China Limited Reports FY Results
China Petroleum & Chemical Corporation Reports FY Results
China Petroleum & Chemical Corporation Reports Q3 Results
Express News | Credit Suisse: maintain China Petroleum & Chemical Corp's "neutral" rating target price to HK $4
China Petroleum & Chemical Corporation shares are trading lower after the company announced it has notified the NYSE it will apply for the voluntary delisting of its American depositary shares on August 12, 2022.
China Petroleum & Chemical Corporation shares are trading lower after the company announced it has notified the NYSE it will apply for the voluntary delisting of its American depositary shares on
China's infrastructure investment accelerates amid policy support