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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
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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.

Related NewsCiti Rates CHINA SHENHUA at Buy with 1H25 NP In Line
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.
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