Minsheng Securities released a research report on April 27 stating that it gave China Shenhua (601088.SH) a recommended rating. The main reasons for the rating include: 1) a year-on-year increase in non-recurrent losses due to donation expenses; 2) a year-on-year increase in coal production and sales; a year-on-year increase in the sales price combined with a decline in gross margin; 3) a year-on-year increase in the installed scale of power generation, a year-on-year increase in the sales volume and gross margin; 4) a year-on-year increase in profits in the transportation sector; 5) the volume and price of olefin products decreased year-on-year. (Mainichi Keizai Shimbun)
民生证券4月27日发布研报称，给予中国神华（601088.SH）推荐评级。评级理由主要包括：1）捐赠支出致非经常性损失同比增加；2）煤炭产销同比增长，售价回落叠加成本抬升，毛利率下滑；3）发电装机规模持续扩大，发售电量同比增长，毛利率抬升；4）运输板块盈利同比提升；5）烯烃产品量价双降，压缩盈利。（每日经济新闻）
Minsheng Securities released a research report on April 27 stating that it gave China Shenhua (601088.SH) a recommended rating. The main reasons for the rating include: 1) a year-on-year increase in non-recurrent losses due to donation expenses; 2) a year
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