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

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. The coal chemical business operation maintains leading efficiency in the industry, the coal mining equipment business actively promotes high-end intelligent green transformation and upgrading, and the financial business continuously improves its intensive and lean level. The company deeply promotes the "two integration" construction of China Coal's characteristics, and promotes the deep integration and development of the industry. In the first half of the year, the company continued to deepen reform and innovation, enhancing the vitality and driving force for high-quality development. Chairman Wang Shudong stated that in the second half of the year, he will deepen the learning, promotion, and implementation of the spirit of the Party's 20th Central Committee's third plenary session, further deepen reform, and accelerate the development of new productive forces. The company's management and all colleagues will march forward with courage and dedication, and return to shareholders and investors with new achievements in high-quality development.