---
title: "Hengyuan Coal announced its 2024 annual performance, with a net profit attributable to shareholders of 1.072 billion yuan, a year-on-year decrease of 47.35%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/233641885.md"
description: "Hengyuan Coal announced its 2024 annual performance, reporting revenue of 6.972 billion yuan, a year-on-year decrease of 10.45%; net profit attributable to shareholders of the parent company was 1.072 billion yuan, a year-on-year decrease of 47.35%; and net profit excluding non-recurring gains and losses was 1.135 billion yuan, a year-on-year decrease of 42.96%. The company plans to distribute a cash dividend of 2.7 yuan for every 10 shares to all shareholders. Raw coal production was 9.6208 million tons, a year-on-year increase of 1.92%; commercial coal production was 7.3876 million tons, a year-on-year decrease of 0.9%; and revenue from coal main business was 6.584 billion yuan, a year-on-year decrease of 9.8%"
datetime: "2025-03-28T13:14:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/233641885.md)
  - [en](https://longbridge.com/en/news/233641885.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/233641885.md)
generator: "portal-rs"
---

# Hengyuan Coal announced its 2024 annual performance, with a net profit attributable to shareholders of 1.072 billion yuan, a year-on-year decrease of 47.35%

According to the Zhitong Finance APP, Hengyuan Coal (600971.SH) disclosed its 2024 annual report, stating that the company achieved revenue of 6.972 billion yuan during the reporting period, a year-on-year decrease of 10.45%; net profit attributable to shareholders was 1.072 billion yuan, a year-on-year decrease of 47.35%; net profit excluding non-recurring items was 1.135 billion yuan, a year-on-year decrease of 42.96%; basic earnings per share were 0.8933 yuan. The company plans to distribute a cash dividend of 2.7 yuan (tax included) for every 10 shares to all shareholders.

In 2024, the company's raw coal production was 9.6208 million tons, a year-on-year increase of 1.92%; the production of commercial coal was 7.3876 million tons, a year-on-year decrease of 0.9%; the sales volume of commercial coal was 7.5715 million tons, a year-on-year decrease of 0.62%; and the main business revenue from coal was 6.584 billion yuan, a year-on-year decrease of 9.8%

### Related Stocks

- [600971.CN](https://longbridge.com/en/quote/600971.CN.md)

## Related News & Research

- [Yangtze Optical Fibre proposes interim dividend of RMB 10.6 per 10 shares](https://longbridge.com/en/news/296757064.md)
- [Yankuang Energy Triples Glencore Coal Sales Cap Amid Market Volatility](https://longbridge.com/en/news/296769136.md)
- [Yancoal renews coal sales framework deals with Yankuang Energy, YIT for US$199.9 million cap](https://longbridge.com/en/news/296880283.md)
- [ZIJIN MINING  Interim Net Profit Up 68.2% YoY to RMB39.17B; Interim DPS RMB4.2 per 10 Shares](https://longbridge.com/en/news/296702271.md)
- [Ambu cuts FY 2025/26 organic revenue growth outlook to about 10%](https://longbridge.com/en/news/296937925.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**