Summary by Moomoo AI
China Shenhua Energy Co., Ltd. released its major operating data for June 2024 on July 11, 2024. The report shows that the output of commodity coal decreased by 2.2% compared to the same period last year, while coal sales volume increased by 5.9%. The turnover of self-owned railway transportation and the ship-loading volume of Huanghua Port both increased, by 12.0% and 3.4%, respectively. In contrast, although the ship-loading volume of Tianjin coal wharf increased by 20.6%, shipping cargo volume and shipping turnover volume both decreased by 15.6% and 9.7%, respectively. In terms of power generation, the total electricity generated and the total electricity sold decreased by 9.6% and 9.9% year-on-year, respectively, mainly due to the influence of hydropower output in the southern region and equipment maintenance. In addition, the sales volume of polyethylene and polypropylene increased by 16.3% and 10.2% year-on-year, respectively, benefiting from improved production efficiency. The company points out that the operating data may differ between months due to various factors, and investors should not rely too much on such information for investment decisions.