Shanxi Coking Coal Energy Group Co., Ltd Class ASZSE: 000983

Shanxi Coking Coal Energy Group Co: Q3 net profit dropped 52.24% year-over-year as coal prices declined, despite stronger cash flow

· Issued by Shanxi Coking Coal Energy Group Co., Ltd Class A

Revenue and net profit fell sharply year-over-year due to lower coal prices, with Q3 net profit down 52.24% and YTD net profit down 49.62%. Operating cash flow improved, but profitability was pressured by industry headwinds and increased financial expenses.

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