Pingdingshan Tianan Coal Mining (601666.SH) released its semi-annual report for 2024, realizing revenue of 16.254 billion yuan during the reporting period, a year-on-year increase of 1.78%; net income attributable to shareholders of listed companies was 1.393 billion yuan, a year-on-year decrease of 37.66%; net income attributable to shareholders of listed companies after deducting non-recurring profit and loss was 1.408 billion yuan, a year-on-year decrease of 33.59%; basic earnings per share were 0.5776 yuan.
The company has a complete range of coal types and excellent coal quality, with a resource reserve of nearly 3 billion tons. High-quality low-sulfur main coking coal is in a leading position in the market. The company's coal products are mainly sold through long-term agreements and direct sales. Since its listing, the company's main business has not undergone significant changes, and its main source of income comes from the sales of coal products.