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China Shenhua’s Q1 Net Profit Attributable to Shareholders Increased by 63.3% YoY

Author: Source: China Shenhua Pubdate: 2022-05-10 Font size:【L M S

On April 29, China Shenhua held a results briefing for the first quarter of 2022 via the online platform of the Shanghai Stock Exchange Roadshow Center. In the first quarter, the Company’s commercial coal production reached 80.8 million tonnes, registering a year-on-year increase of 3.6%; total power generation was 46.75 billion kWh, a year-on-year increase of 25.7%; net profit attributable to shareholders of the Company increased by 63.3% on a year-on-year basis.

Since the beginning of the year 2022, China Shenhua has highlighted the work orientation of “steadiness, coordination, empowerment, and quality improvement, fulfilled its mission of ensuring energy supply, and enhanced its ability to stabilize production, price and market. While effectively boosting the national economic growth, the Company's A share stock price and H share stock price rose by 36.7% and 38.4%, respectively.

At the briefing, the management of the Company answered, in written form, 56 questions from investors about the Company's performance, operation, cost control, project progress, sales market, etc., so as to achieve a positive interaction with investors and establish a good brand image in the capital market.

CHINA SHENHUA