China Coal Energy Co (HK:1898) has released an update.
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China Coal Energy Co reported a decline in its first half of 2024 financial results, with a 15% drop in revenue and a 16% decrease in profit attributable to equity holders compared with the same period in 2023. Basic earnings per share also fell by RMB0.15, and the company’s EBITDA saw a 12.4% decline. Despite these results, the board approved a 2024 interim dividend of RMB0.221 per share.
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