China Coal Energy Co ( (HK:1898) ) just unveiled an announcement.
China Coal Energy Co announced its annual financial results for the year ending December 31, 2024, showing a decline in revenue and profits. The company’s revenue decreased by 1.9% to RMB189.399 billion, and profit attributable to equity holders fell by 10% to RMB18.156 billion compared to 2023. The board recommended a final dividend of RMB0.258 per share, pending shareholder approval. These results highlight challenges in the coal industry, impacting the company’s financial performance and shareholder returns.
More about China Coal Energy Co
China Coal Energy Co is a joint stock company incorporated in the People’s Republic of China, operating within the coal industry. The company focuses on coal production and sales, as well as coal-based chemicals and coal mining equipment manufacturing.
YTD Price Performance: -8.90%
Average Trading Volume: 1,780
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $17.44B
Learn more about 1898 stock on TipRanks’ Stock Analysis page.