Hong Kong Stock Market Movement | CHINA SHENHUA (01088) Falls Over 4%, Coal Sales Volume and Average Price Decline, Forecasts 6.3% to 14.7% Drop in Last Year's Profit

Stock News02-02 10:49

CHINA SHENHUA (01088) fell more than 4%. As of the time of writing, the stock was down 4.6%, trading at HKD 41.04 with a turnover of HKD 275 million. On the evening of January 30, CHINA SHENHUA announced that it expects the Group's net profit attributable to owners of the company for the 2025 financial year to be between RMB 50.8 billion and RMB 55.8 billion. This represents a decrease of 18.6% to 10.6% compared to the previously disclosed figure for the prior year, and a decline of 14.7% to 6.3% compared to the restated data for the preceding year. The announcement stated that in 2025, the Group's production and operations maintained a stable trend, with the core advantages of integrated operations continuously being strengthened, effectively ensuring a stable and secure energy supply. However, influenced by changes in the industry's supply and demand dynamics, the Group's coal sales volume and average selling price declined, leading to a year-on-year decrease in operating performance.

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