After reaching production or years of tens of billions of profit growth, two projects of China Shenhua Energy have been approved by the National Development and Reform Commission.
①The total investment exceeds 26 billion yuan, and the New Street No.1 and New Street No.2 projects of the china shenhua energy subsidiary have been approved by the National Development and Reform Commission; ②The construction scale of the two projects is 8 million tons per year, and the estimated annual profit after reaching production can be close to 6 billion yuan.
Huaibei Mining Holdings' half-year performance decreased by nearly 20% year-on-year. The company will improve its mid-term dividend mechanism in the future. | Interpretations
Due to the decline in coking coal prices, Huaibei Mining Holdings' net income attributable to owners of the parent company in the first half of the year was 2.935 billion yuan, a year-on-year decrease of 18.19%, and coking coal prices may continue to decrease in the third quarter. The company will not distribute interim dividends this year, and will improve the interim dividend mechanism by amending the company's articles of association in the future.
Coal product quantity increased, but price decreased. Shaanxi Coal Industry's revenue and net profit in the first half of the year decreased year-on-year. | Interpretation of financial report
① Due to the impact of the year-on-year decline in coal prices, Shaanxi Coal Industry's revenue and net income for the first half of the year decreased year-on-year, but still exceeded 10 billion yuan; ② The company's Q2 net income attributable to shareholders increased both year-on-year and quarter-on-quarter, but non-recurring net income decreased year-on-year.
China National Offshore Oil Corporation (CNOOC) semi-annual report summary data has a large blank space. Update: The incorrect announcement has been replaced.
①China Oil's semi-annual report summary announcement on the evening of the 28th has a major omission in the disclosure of financial data and other core content; ②Late that night, the erroneous announcement has been replaced, and the data disclosure in the announcement has been made up in authoritative release sources and designated disclosure platforms.
Under the dual pressure of intensified losses in the main coking business and continuous decline in coal prices, Shanxi Coking Coal Energy Group's net profit has decreased by 80% | Interpretation of financial reports
Due to the worsening losses in the main coking business and the continuous decline in coal prices, the net income of Shanxi Coking in the first half of the year decreased by 80%; In the first half of the year, China Coal Huajin contributed investment income of 1.348 billion yuan to the company, a decrease of 24.48% compared to the same period last year.
The coal price has fallen, and China Coal Energy's net profit in the first half of the year has declined year-on-year, but it still reached nearly 10 billion yuan. (Interpretation of financial report)
① China Coal Energy, a leading coal company with a total market value of over 170 billion yuan, achieved a net profit of 9.788 billion yuan in the first half of the year, a decrease of nearly 20% year-on-year; ② The company will distribute cash dividends to shareholders at 30% of the net profit attributable to shareholders, with a dividend of 0.221 yuan per share.