Business
Henan Shenhuo Coal Industry and Electricity Power: Revenue up, profit down on cost pressures; strong cash dividend and 2025 growth targets
Henan Shenhuo Coal Industry and Electricity Power: Revenue up, profit down on cost pressures; strong cash dividend and 2025 growth targets
About this update from Henan Shenhuo Coal Industary And Electricity Power Corporation Limited Class A
2024 revenue rose 1.99% to ¥38.37 billion, but net profit fell 27.07% to ¥4.31 billion due to lower coal prices and higher alumina costs. Cash dividends totaled ¥1.80 billion, 41.78% of net profit. 2025 targets include 1.7 million tons aluminum and 7.2 million tons coal.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.