The net profit of the top three coal giants declined overall in the first three quarters, with the leader Shenhua seeing a double increase in net profit in the third quarter compared to the previous quarter. | Interpretations
①Affected by the downward trend of coal prices, the performance of coal listed companies in the first three quarters generally declined, but with differentiated performance in Q3; ②Regarding the future trend of coal prices, the industry generally believes that there is hope for a recovery after hitting the bottom, but the magnitude of the increase is limited.
Coal prices under pressure, Pingdingshan Tianan Coal Mining's net profit in the first half of the year decreased by nearly 40% year-on-year. Interpretations of financial report.
①Affected by factors such as the decline in coal prices, Pingdingshan Tianan Coal Mining's net profit in the first half of the year decreased by nearly 40% year-on-year; ②The performance of other coal industry stocks was also under pressure in the first half of the year. Net profit of Jizhong Energy Resources and Shanxi Coking decreased by over 70% in the first half of the year.
In October, Rice Field was successfully listed in Hong Kong. It is one of the largest kitchen staple food companies in China. Another listed company was added in Liaoning
On October 12, 2023, October Rice Field Group Co., Ltd., Shiyue Daotian Group Co., Ltd. (“October Rice Field” for short) (09676.HK) was successfully listed on the main board of the Hong Kong Stock Exchange. October Rice Field, from Shenyang, Liaoning, is one of the leading and rapidly growing kitchen staple food companies in China. It is committed to providing customers with pre-packaged high-quality rice, grains, beans and dried goods products. The company has successfully built three major brands: October Rice Field, Firewood Garden, and Happy Family, and has a strong omni-channel brand influence. roots
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