Shaanxi Coal Industry Company (601225) H2 2024 earnings summary

Executive summary

• Raw coal output reached 170 million tons, up 4.13% year-over-year; coal sales volume rose 9.91% to 260 million tons.

• Total power generation was 42.401 billion kWh, down 0.37% year-over-year; total electricity sales also fell 0.37%.

Financial highlights

• Operating revenue was RMB 184.145 billion, up 1.47% year-over-year.

• Net profit attributable to shareholders was RMB 22.196 billion, down 3.97% year-over-year.

• Operating profit was RMB 44.167 billion, down 2.65% year-over-year.

• Total assets at year-end were RMB 228.638 billion, down 3.15% from the start of the year.

• Shareholders' equity attributable to listed company shareholders was RMB 90.221 billion, down 9.59% from the start of the year.

Outlook and guidance

• Financial data are preliminary and unaudited; final results may differ.