China Shenhua Energy's Q1 revenue and profit both declined, with Coal sales falling by 15.3% year-on-year | Earnings Reports insights.

In the first quarter of 2025, China Shenhua Energy's revenue decreased by 21.1% year-on-year, and net income dropped by 18% year-on-year. The company attributes the decline in revenue to "a reduction in Coal sales volume and average sales price leading to a decrease in Coal sales revenue; a decline in electricity sales volume and average electricity sales price resulting in a decrease in electricity sales revenue."

wallstreetcnApr 25 09:43 ET

YANKUANG ENERGY: It is expected that the performance in the first quarter of this year will decline year-on-year. Currently, coal prices have basically reached the bottom | Directly addressing the Earnings Conference.

YANKUANG ENERGY stated at today's 2024 Earnings Conference that Coal prices have basically reached their lowest point and are showing signs of stabilization. Due to the year-on-year decline in Coal prices, the company's performance in the first quarter will be affected; The company also stated that it will adhere to the principle of Cash dividends, and has so far accumulated a dividend of 85 billion.

cls.cnMar 31 07:50 ET

Despite the decline in coal prices, the ability to generate revenue remains strong for China Shenhua Energy, which earned over 0.15 billion per day last year.| Interpretations

① Despite the decline in coal prices, "Coal King" China Shenhua Energy's ability to generate revenue remains strong, with an estimated Net income of 57 billion yuan to 60 billion yuan last year; ② Its revenue generation capacity surpasses Contemporary Amperex Technology (49 billion yuan - -53 billion yuan), second only to Kweichow Moutai (85.7 billion yuan).

cls.cnJan 23 10:38 ET

The decline in Coal prices has dragged down China Shenhua Energy's expected Net income for 2024, which is estimated to decrease by 4.5% to an increase of 0.5% | Earnings Reports insights.

China Shenhua Energy stated that the group is actively responding to adverse effects such as the decline in Coal prices, maintaining stable and high production of Coal, ensuring smooth Transportation via major road and port channels, achieving integrated and efficient Operation, and meeting annual goals for Coal production and sales, as well as power generation Indicators.

wallstreetcnJan 23 08:00 ET

Starting tomorrow, Huaihe Energy will resume trading and disclose the major asset restructuring plan | Summary of the announcement.

① Huaihe Energy disclosed a significant Assets restructuring plan, and the company's Stocks will resume trading starting tomorrow; ② Since the beginning of this year, local state-owned enterprises have been continuously taking actions for mergers and reorganizations.

cls.cnDec 30, 2024 10:09 ET

Assets injected again by the controlling Shareholder, Huaihe Energy will suspend trading from tomorrow | Quick announcement read.

① Huaihe Energy is planning to acquire 89.3% of the equity held by its controlling shareholder, Huaihe Energy Electrical Utilities Group; the company's Stocks will be suspended from trading starting tomorrow. ② The company has completed the acquisition of 100% equity of Panji Power Plant, which belongs to its controlling shareholder, Huainan Mining Group, in December 2023.

cls.cnDec 16, 2024 10:25 ET