Business

Shanxi Coking Coal Energy Group Co: Revenue and profit fell sharply on weak coal demand and prices, with cash flow under pressure

Shanxi Coking Coal Energy Group Co: Revenue and profit fell sharply on weak coal demand and prices, with cash flow under pressure

Shanxi Coking Coal Energy Group Co., Ltd Class AOctober 29, 20244
Shanxi Coking Coal Energy Group Co: Revenue and profit fell sharply on weak coal demand and prices, with cash flow under pressure

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

Q3 2024 revenue and net profit declined sharply year-over-year due to lower coal sales and prices, with operating cash flow and ROE also deteriorating. Non-recurring items included government subsidies and carbon rights sales, but regulatory fines weighed on results.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