Shougang Fushan Reports 17% Revenue Drop Amid 45% Decline in Coking Coal Prices; Declares HK6 Cents Interim Dividend

Reuters
08/28
<a href="https://laohu8.com/S/FSHYF">Shougang Fushan</a> Reports 17% Revenue Drop Amid 45% Decline in Coking Coal Prices; Declares HK6 Cents Interim Dividend

Shougang Fushan Resources Group Limited has announced its unaudited consolidated interim results for the six months ended 30 June 2025. The company reported a revenue of HK$2.101 billion, a decline of 17% compared to HK$2.532 billion in the same period of 2024. This decrease was attributed to a significant reduction in the average realised selling prices of clean coking coal, which dropped by 45% year-on-year. Despite a 28% reduction in unit production cost year-on-year, the gross profit margin fell to 31%, down from 57% during the previous period. Excluding the trading of coal products, the gross profit margin would have been 40%. Sales of self-produced clean coking coal totaled HK$1.579 billion, while sales of self-produced by-products reached HK$27.506 million. Additionally, the trading of coal products contributed HK$494.583 million in revenue. Shougang Group Co., Limited, the largest customer, accounted for 29% of the Group's revenue, down from 50% in the first half of 2024. The company declared an interim dividend of HK6 cents per ordinary share for the period.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shougang Fushan Resources Group Limited published the original content used to generate this news brief on August 28, 2025, and is solely responsible for the information contained therein.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10