Summary by Moomoo AI
China Coal Energy released its interim report on August 23, 2024, showing 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 15% decrease year-on-year, and the shareholders' attributable profit was approximately 10.7 billion yuan, a 16% decrease year-on-year. The production and sales activities created 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, and orderly releases high-quality advanced production capacity. The production volume of commodity coal is approximately 66.5 million tons, which is basically the same as the previous...Show More
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