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

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

· Issued by 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.

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