China Coal Energy Co (HK:1898) has released an update.
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China Coal Energy Co’s first half of 2023 financial results indicate a downturn, with revenue dropping by 7.4% and profit by 12.4% compared to the previous year. Earnings per share also fell by RMB0.14, and no interim dividends will be distributed for 2023. These interim results, reviewed but not audited by Ernst & Young, reflect a challenging period for the company.
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