Shanxi Coal International Energy Q3 Down 14%, Revenue Slips 4%; Shares Rise 5%

MT Newswires Live
2024-10-28

Shanxi Coal International Energy (SHA:600546) posted third-quarter net profit attributable to shareholders of 791.1 million yuan, down 14% from 915.2 million yuan the previous year.

Earnings per share slid 13% year over year to 0.40 yuan from 0.46 yuan, according to an Oct. 24 filing with the Shanghai bourse.

The coal miner's Q3 revenue declined 3.8% to 7.91 billion yuan from 8.22 billion yuan.

Shares of Shanxi Coal International Energy rose 5% in recent trade.

Price (RMB): ¥13.96, Change: ¥+0.54, Percent Change: +4.02%

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