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
The Copper Supply Landscape: Is a Bull Market on the Horizon?
Since the fourth quarter of 2023, the global copper mining industry has experienced multiple supply disruptions, with recent news of planned production cuts by Chinese smelters intensifying market unease. Supported by expectations of a tight supply,
PetroChina Reports FY Results
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
Performance surged 400% but fell to a standstill, and Quartz shares couldn't escape the “PV Winter” | Insight Research
The profit of quartz shares surged 400%. Why is the market not buying it.
Cobalt production soared 170%, and the Luoyang molybdenum industry surpassed Glencore to become the world's largest cobalt miner
In 2023, with the increase in Congolese gold TFM and KFM production, the company's copper-cobalt production exploded.
Zijin Mining Group Company Limited Goes Ex Dividend Tomorrow
PetroChina Reports Q3 Results
Zijin Mining Group Reports 1H Results
PetroChina Reports 1H Results
Yankuang Energy Group Company Goes Ex-dividend on Monday
China Shenhua Energy GAAP EPS of RMB 1.04, Revenue of RMB 87.04B
PetroChina GAAP EPS of RMB 0.82, Revenue of RMB 3239.17B
PetroChina, Cnooc Full-year Earnings Jump to Record
PetroChina GAAP EPS of RMB0.21, Revenue of RMB840.78B
Express News | China Petroleum & Chemical Corporation: 11.2 million shares were repurchased on September 23 at a repurchase price of HK $3.47-HK $3.59, at a total cost of about HK $39.848 million.
PetroChina GAAP EPS of RMB0.45, Revenue of RMB1.6T
PetroChina press release (NYSE:PTR): 1H GAAP EPS of RMB0.45. Revenue of RMB1.6T (+33.3% Y/Y). Looking ahead, the Company will further promote the implementation of "innovation, resources, market, inte
PetroChina 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.
PetroChina 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.
Today's pre-market stock movers: RKLB, ILMN, TOST, BABA and more
Shares of Illumina sank 16% after the gene-sequencing company cut its earnings guidance for the full year. Second-quarter adjusted earnings also missed analysts' estimates.
PetroChina intends to voluntarily delist its ADS from NYSE
PetroChina (NYSE:PTR) announced that it has notified NYSE on Aug.12, 2022 that it will apply for a voluntary delisting of its ADS from NYSE. In the year 2000, the company closed an offering of 17.6M s