Shanxi Coal International Energy's H1 Profit Drops 58%, Operating Income Slips 32%

MT Newswires Live
2024-09-02

Shanxi Coal International Energy (SHA:600546) posted a net profit attributable to shareholders of 1.29 billion yuan in the first half of the year, slumping 58.1% from 3.08 billion yuan a year earlier, according to a Saturday filing on the Shanghai Stock Exchange.

Earnings per share dropped year on year to 0.65 yuan from 1.55 yuan a year earlier.

The Chinese coal miner earned an operating income worth 14.1 billion yuan, falling 32% from 20.7 billion yuan in the prior year.

Shares of the company rose more than 2% at the close.

Price (RMB): ¥11.84, Change: ¥+0.28, Percent Change: +2.42%

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