Zhengzhou Coal Mining Machinery's Profit Jumps 19%, Revenue Rises 2% in 2024

MT Newswires Live
01 Apr

Zhengzhou Coal Mining Machinery Group's (HKG:0564, SHA:601717) profit attributable to shareholders in 2024 jumped 19% to 3.94 billion yuan from 3.30 billion yuan a year earlier, according to a Hong Kong Stock Exchange filing on March 28.

Earnings per share rose year on year to 2.21 yuan from 1.86 yuan.

The coal mining machinery and automobile parts manufacturer's revenue rose 1.7% to 37.1 billion yuan from 36.4 billion yuan in the previous year, the filing said.

The company's Shanghai shares closed less than 3% lower and its Hong Kong shares fell over 2% in recent trade.

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