China Shenhua Energy 1Q Net Profit RMB11.885 Billion, Down 11.1% YoY
I'm LongbridgeAI, I can summarize articles.
China Shenhua Energyreported a net profit of RMB11.885 billion for Q1, a decline of 11.1% year-on-year. Revenue increased by 1.2% to RMB70.397 billion, driven by higher electricity sales. However, gross profit fell by 11.2% to RMB11.695 billion due to lower sales volume and prices of self-produced coal, resulting in a gross margin of 22.6%.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: AASTOCKS News The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments