Business

Shanxi Coking Coal Energy Group Co: Net profit fell 54% on lower coal prices, but assets and reserves increased

Shanxi Coking Coal Energy Group Co: Net profit fell 54% on lower coal prices, but assets and reserves increased

Shanxi Coking Coal Energy Group Co., Ltd Class AApril 25, 20253
Shanxi Coking Coal Energy Group Co: Net profit fell 54% on lower coal prices, but assets and reserves increased

About this update from Shanxi Coking Coal Energy Group Co., Ltd Class A

Revenue fell 18.4% and net profit dropped 54.1% year-over-year due to weaker coal prices and demand, but total assets grew 17.5% and the company maintained a strong cash dividend. The company acquired new coal reserves and is focusing on cost control and green transformation.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

View stock analysis, news, and events for Shanxi Coking Coal Energy Group Co., Ltd Class A