Summary by Futu AI
On August 23, 2024, China Coal Energy released its mid-term report, which showed that the company maintained a good level of profitability in major business sectors such as coal, coal chemical, coal mining equipment, and financial services. During the reporting period, the company achieved revenue of approximately 93 billion yuan, a decrease of 15% year-on-year, and net profit attributable to shareholders of approximately 10.7 billion yuan, a decrease of 16% year-on-year. The production and sales activities generated a net cash inflow of approximately 15.7 billion yuan, an increase of 4.1% year-on-year. The company adheres to energy security and stable supply, orderly releasing high-quality advanced production capacity. The output of commodity coal was approximately 66.5 million tons, basically flat year-on-year...Show More