BK0967 Coal Mining
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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
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
Yankuang Energy Group Company Goes Ex-dividend on Monday
China Shenhua Energy GAAP EPS of RMB 1.04, Revenue of RMB 87.04B
Yanzhou Coal Mining’s Profit Seen Soaring 127% in January-September
12:13 AM EDT, 10/21/2022 (MT Newswires) -- Yanzhou Coal Mining (SHA:600188, HKG:1171) expects net profit in the first nine months of the year to soar 127% year over year to 27.1 billion yuan ($3.74 bi
Zhengzhou Coal Mining Machinery’s January-September Profit Rises 24%, Revenue Grows 8%
06:24 AM EDT, 10/20/2022 (MT Newswires) -- Zhengzhou Coal Mining Machinery Group (SHA:601717, HKG:0564) posted a 24.4% year-over-year jump in profit in the first nine months of the year to 1.96 billio
Beishui Jiacang Meituan HK $700 million, increasing its position in Tencent for the second day in a row; Nanshui bought shares in Shaanxi Coal Industry and Longji
Southbound Capital bought a net HK $3.16 billion today, while Wuxi Biologics and Tencent received a net purchase of HK $591 million and HK $391 million respectively. Northbound funds bought a net 6.385 billion yuan, while Shaanxi Coal Industry, Longji shares, and Zijin Mining Group received a net purchase of 534 million yuan, 450 million yuan, and 347 million yuan, respectively.
Global Equities Roundup: Market Talk
The latest Market Talks covering Equities. Published exclusively on Dow Jones Newswires throughout the day. 2130 ET - Natural gas should increasingly be considered a fuel of last resort rather
Chinese Stocks Broadly Lower as Mining Stocks Weigh -- Market Talk
0141 GMT - Chinese stocks are broadly lower in early trade, tracking declines among other Asian equities amid worries of a new Covid-19 variant. The Shanghai Composite Index falls 0.4% to 3570.0
China's Shanxi Province Records 78% Jump in Exports in January-October Period
12:10 AM EST, 11/24/2021 (MT Newswires) -- The value of exports from China's Shanxi province surged 78.2% year over year in the January-October period to 115 billion yuan ($17.99 billion), boosted by
Yanzhou Coal Mining Arm Buys 62% Stake in Chinese Coal Seller
01:18 AM EST, 11/17/2021 (MT Newswires) -- Yanzhou Coal Mining (SHA:600188, HKG:1171) unit Shandong Duanxin Supply Chain Management acquired a 62% stake in coal seller Yankuang Donghua Yulin Logistic
China Shenhua Energy's October Coal Output Soars 6% in October
02:15 AM EST, 11/16/2021 (MT Newswires) -- China Shenhua Energy's (HKG:1088, SHA:601088) coal output rose 6.4% to 26.5 million tonnes in October versus 24.9 million tonnes a year prior, according to
China Coal Energy's Coal Output, Sales Volume Drop in October
01:27 AM EST, 11/15/2021 (MT Newswires) -- China Coal Energy (HKG:1898, SHA:601898) logged lower coal output and sales volume in October versus a year prior, according to a late Friday filing. Coal
China Shenhua Energy Starts Operation of Second Unit of Inner Mongolia Shengli Power Plant
01:09 AM EST, 11/15/2021 (MT Newswires) -- China Shenhua Energy (HKG:1088, SHA:601088) started the commercial operation of the second unit of Inner Mongolia Shengli Power Plant, phase one project. Th
Shenhua Energy Arm Wins Regulatory Approval for Phase 2 Construction of Generator Project in Chines Province
03:54 AM EST, 11/12/2021 (MT Newswires) -- China Shenhua Energy (HKG:1088, SHA:601088) unit Guoneng (Huizhou) Thermal received regulatory approval for the phase 2 construction of its gas-fired heat a
Chinese Stocks Higher, Coal Miners Gain as Shortages Ease -- Market Talk
0159 GMT - Chinese stocks are higher in early trade on gains by coal miners as shortages of the fossil fuel ease. Despite a cold wave in China impacting production, coal inventories are higher w
China Shenhua Energy Starts Operation of Second Unit at Coal Reserve Power Integration Project
04:36 AM EDT, 11/02/2021 (MT Newswires) -- China Shenhua Energy (HKG:1088, SHA:601088) began commercial operation of unit 2 at its Sichuan Jiangyou coal reserve power integration project to meet the
Yanzhou Coal Mining's Third-Quarter Net Profit Soars
By Ben Otto Yanzhou Coal Mining Co.'s net profit expanded five-fold in the third quarter, partly due to higher coal prices and lower costs. The Hong Kong-listed coal miner said Friday that
China Coal Energy to Acquire Coal Miner from Parent for $220 Million
07:20 AM EDT, 10/28/2021 (MT Newswires) -- China Coal Energy (HKG:1898, SHA:601898) is buying coal miner and power producer Pingshuo Industrial Group from its parent company China Coal Group for 1.41
China Coal Energy to Pay Nearly $23 Million for Coal Output Capacity
06:10 AM EDT, 10/28/2021 (MT Newswires) -- China Coal Energy (HKG:1898, SHA:601898) subsidiary China Coal Pingshuo Group will acquire 1.3 million tonnes of closure-for-exit capacity from Xishahe Coal