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<Warning>CHINA SHENHUA Leaps ~4% in Early Trading Despite Warning of Max. 18.4% Slump in Interim NP to RMB25.6B
Recommend 11 Positive 13 Negative 16 |
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CHINA SHENHUA (01088.HK) announced yesterday (13th) that it expects the profit attributable to the company's equity shareholders for 1H25 to be RMB25.6-27.6 billion, a decrease of 15.8-21.9% compared to the disclosed data for the same period last year. Compared to the restated data for the same period last year, it represents a decrease of 12-18.4%. According to CHINA SHENHUA, the main reason for the YoY profit decline was due to the decrease in profit of the group's coal segment as a result of the impact of the decrease in sales volume and average selling price of coal. After opening 0.3% higher this morning (14th), CHINA SHENHUA further extended its gains in early trading to peak at HKD32.35 at one point. It last traded at HKD32.2, up 3.87%, with a volume of 7.1255 million shares, involving HKD228 million. AAStocks Financial News |
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