--- 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 - ['Crazy overvalued': Scott Galloway says SpaceX is a '$10 to $30 stock'](https://longbridge.com/en/news/296229565.md) - [Exxaro Resources Non-GAAP EPS of R 13.77, revenue of R 22.1B; reaffirms FY 2026 outlook](https://longbridge.com/en/news/296457906.md) - [Fears millions of Aussies could risk super loss if a major coal mining company expands](https://longbridge.com/en/news/296164330.md) - [CHINA COAL 1H26 Net Profit Up 11.8% YoY to RMB8.19B; Div. RMB0.184](https://longbridge.com/en/news/296591654.md) - [China Shenhua unit Shendong Coal wins China invention patent for shearer fault diagnosis technology](https://longbridge.com/en/news/296561028.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**