01878 SOUTHGOBI
- 6.220
- -0.040-0.64%
SOUTHGOBI News
Hong Kong stocks closed (04.25) | Hang Seng Index closed up 0.48%, domestic housing stocks showed strong performance and fell more than 12% after New Oriental-S (09901) results
The Zhitong Finance App learned that the three major indices of Hong Kong stocks had mixed ups and downs. The Hang Seng Index rebounded for four consecutive trading days. After opening slightly lower in early trading, it quickly rose and turned red. The intraday high was 17,434 points to a new high during the new year, then the increase narrowed, showing a volatile adjustment trend. At the close, the Hang Seng Index rose 0.48% or 83.27 points to 17,284.54 points, with a full-day turnover of HK$119.12 billion; the Hang Seng State-owned Enterprises Index rose 0.33% to 6120.37 points; and the Hang Seng Technology Index fell 0.54% to 3554.3 points. CCB International previously indicated that as the Hang Seng Index stabilized its previous low in late January (20
Debon Securities: 24Q1 coal industry fund holdings increased slightly month-on-month, low allocations expanded month-on-month
In Q1 2024, the coal industry had excellent market performance, outperforming the Shanghai Composite Index by a large margin. It had both excess and absolute returns, and ranked third in the growth rate of Shenwan's Tier 1 industry.
SouthGobi Announces Date of Annual and Special Meeting; and The Record Date
VANCOUVER, BC / ACCESSWIRE / April 22, 2024 / SouthGobi Resources Ltd. (TSXV:SGQ)(HK:1878) ("SouthGobi" or the "Company") announces that the annual general meeting and extraordinary general meeting of
Debon Securities: Coal supply declined in March, focus on the pace of subsequent economic recovery
Steady economic recovery and large-scale equipment upgrades are expected to support coal demand.
China to Establish Coal Capacity Reserve System by 2027
China vowed to set up a coal capacity reserve system by 2027, aiming to secure energy security through more flexible coal supplies, according to plans the country released Friday.
Guotai Junan: Coking coal prices may reach the bottom zone in 24 years, and there is a possibility of a “V” reversal
After experiencing 7 rounds of price cuts, the profits of independent coking companies across the country according to MySteel have dropped to -155 yuan/ton. Many companies have been forced to limit production by smoldering, and the resistance to continued steel price cuts is strong. It is expected that coke prices will basically reach the bottom.
华泰证券：煤炭供应或仍保持一定韧性 淡季需求将考验煤价支撑
在淡季需求的环境下，当前已处于高位的库存或进一步面临去库压力，整体供需趋宽松，煤价支撑偏薄弱。
Southgobi Resources Returns to Profit in 2023 as Major Mining Operations Resume
Southgobi Resources (HKG:1878) returned to an attributable net profit of HK$908,000, or HK$0.003 per share, from a loss of HK$30.4 million, or HK$0.110 per share, a year earlier, according to a March
The Gap in Coal Supply After the Baltimore Bridge Collapse
The Baltimore bridge disaster has opened a brief opportunity for Australian coal exporters to fill a big gap in Indian coal imports -- especially coal needed by brick makers in the world's most populous nation.
South Gobi (01878) announced annual results. Net profit attributable to shareholders of 908,000 US dollars turned a year-on-year loss into a profit
South Gobi (01878) announced results for the year ended December 31, 2023, and the group achieved a profit of 3.3...
SOUTHGOBI: SOUTHGOBI ANNOUNCES FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL AND OPERATING RESULTS
SouthGobi Resources GAAP EPS of $0.003, Revenue of $331.51M
SouthGobi Resources Slated to Return to Profit in 2023
SouthGobi Resources (HKG:1878) expects to book a net attributable profit to equity holders of around $1 million for the year ended Dec. 31, 2023, compared with a net attributable loss of $30 million i
SouthGobi Foresees Profit After Previous Loss
SouthGobi Announces Positive Profit Alert
VANCOUVER, BC / ACCESSWIRE / March 26, 2024 / SouthGobi Resources Ltd. (TSX-V:SGQ)(HK:1878) ("SouthGobi" or the "Company") This announcement is made by the Company pursuant to Rule 13.09(2) of the Rul
South Gobi (01878) Fa Yingxi expects annual net profit attributable to shareholders to be no more than 1 million US dollars, turning a year-on-year loss into a profit
Zhitong Finance App News, South Gobi (01878) issued an announcement. The company expects to obtain no more than 1 million US dollars in net profit due to the company's equity holders for the year ended 31 December 2023, while the net loss due to the company's equity holders is about 30 million US dollars for the year ended December 31, 2022. Expected net profit turned into profit mainly due to increased sales volume for the year ended December 31, 2023 and the company improved average to achieve coal sales prices.
SOUTHGOBI: POSITIVE PROFIT ALERT
Changes in Hong Kong stocks | Most coal stocks rose, China's Qinfa (00866) rose nearly 13%, and coal prices stopped falling and stabilized
The Zhitong Finance App learned that most coal stocks were higher. As of press release, China's Qinfa (00866) rose 12.94% to HK$0.48; South Gobi (01878) rose 8.47% to HK$4.61; Mongolian coking coal (00975) rose 5.32% to HK$9.11; and China Shenhua (01088) rose 2.49% to HK$30.85. According to news, the Q5500 thermal coal price at Qinhuangdao Port fell to 838 yuan/ton last week, down 27 yuan/ton from the previous month, or 3.12%. Prices stopped falling and stabilized starting Thursday. Open Source Securities notes that with cement
SouthGobi Delays Convertible Debenture Payment
Changes in Hong Kong stocks | South Gobi (01878) rose nearly 7%, leading the supply-side contraction of coal stocks. Expectations of a sharp decline in coal prices are still unlikely
Coal stocks mostly rebounded. As of press release, South Gobi (01878) rose 6.79% to HK$4.09; Mongolian coking coal (00975) rose 5.03% to HK$8.14; and Yankuang Energy (01171) rose 3.43% to HK$18.1.
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