China Coal Energy Co (HK:1898) has released an update.
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China Coal Energy Co. reported a slight increase in coal production and sales for October 2024 compared to the previous year, with a 2.3% rise in commercial coal production and a 6.7% increase in sales. However, sales in their coal chemical operations showed mixed results, with notable declines in some areas such as urea sales, which dropped by 53.2%. These figures reflect the company’s ongoing adjustments to market conditions and operational challenges.
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