China Coal Energy's 2024 Profit Slides 10%

MT Newswires Live

2025/03/24

China Coal Energy's (SHA:601898, HKG:1898) attributable profit fell 10% to 18.2 billion yuan in 2024 from 20.2 billion yuan in 2023, according to a Friday filing with the Hong Kong bourse.

Earnings per share at the coal producer decreased to 1.37 yuan from 1.52 yuan in the previous year.

Revenue inched down 1.9% to 189.4 billion yuan from 193 billion yuan a year earlier.

The company declared a final dividend of 0.258 yuan per share. China Coal has yet to release the payment and record dates.

Shares rose 2% in Shanghai during Monday's morning trading.

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