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[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
兗礦能源:二零二四年第一季度業績報告
Futu NewsApr 26 07:22 ET · Announcements
Changes in Hong Kong stocks | Yankuang Energy (01171) fell nearly 4% and will issue Q1 results today, falling coal prices have put pressure on the performance of many coal companies
Yankuang Energy (01171) fell nearly 4%. As of press release, it was down 3.6% to HK$16.58, with a turnover of HK$742 million.
Zhitong FinanceApr 26 03:28 ET
Private Companies Among Yankuang Energy Group Company Limited's (HKG:1171) Largest Stockholders and Were Hit After Last Week's 5.1% Price Drop
Key Insights The considerable ownership by private companies in Yankuang Energy Group indicates that they collectively have a greater say in management and business strategy The largest shareholder
Simply Wall StApr 25 18:57 ET
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.
Zhitong FinanceApr 25 02:38 ET
Guojin Securities: Demand for electricity is strong, thermal power still has an opportunity to tighten coking coal supply, and there is a gap between supply and demand
The economy continues to improve, and superimposed computing power is rising, and demand for electricity is strong, and there are still opportunities; demand for steel is resilient, there is a gap between supply and demand in anticipation of tightening coking coal supply, and there is some room to replenish stocks with low superposition bifocal inventories.
Zhitong FinanceApr 22 23:05 ET
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