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Do Fundamentals Have Any Role To Play In Driving Shanxi Coking Coal Energy Group Co., Ltd.'s (SZSE:000983) Stock Up Recently?
Citic sec: Macro, market and other aspects bullish superimposed, coal sector is expected to start a trend.
After the third-quarter report, the coal sector's annual profit and dividend expectations gradually become clearer, combined with multiple positive factors at macro and market levels, bullish sector leaders perform well, the bank believes the sector is expected to usher in a new round of increase.
Shanxi Coking Coal: Report for the Third Quarter of 2024
Shanxi Coking Coal Energy Group (000983.SZ): The net income for the first three quarters was 2.846 billion yuan, a year-on-year decrease of 49.52%.
Gelonghui reported on October 29th that shanxi coking coal energy group (000983.SZ) released its third quarter report for 2024, achieving revenue of 33.093 billion yuan in the first three quarters, a year-on-year decrease of 18.68%; net income attributable to shareholders of the listed company was 2.846 billion yuan, a year-on-year decrease of 49.52%; net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 2.763 billion yuan, a year-on-year decrease of 51.30%; basic earnings per share were 0.5013 yuan.
Express News | Shanxi Coking Coal Says Q3 Net Profit Down 21.5% Y/Y
shanxi coking coal energy group (000983.SZ): won the bid for the coal and associated bauxite exploration rights in Xing County, Lyuliang City, Shanxi Province for 24.705 billion yuan.
On October 23, Shanxi Coking Coal Energy Group (000983.SZ) announced that the company participated in the online auction of the Xingxian District block coal and associated bauxite exploration rights by the Shanxi Provincial Department of Natural Resources. The company won the bid for the coal and associated bauxite exploration rights with a bid of 24.705 billion yuan. The exploration area of the Xingxian District block coal and associated bauxite is 52.1821 square kilometers, with coal reserves of 952.775 million tons, bauxite reserves of 55.6123 million tons, and gallium ore reserves of 3,431.28 tons.
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