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China Coal Energy Co ( (HK:1898) ) has shared an announcement.
In December 2024, China Coal Energy Company Limited reported notable increases in the production and sales volumes of its commercial coal operations, with a 9.7% rise in production and a 21% increase in sales compared to the previous year. However, its coal chemical operations showed mixed results with polyethylene and polypropylene experiencing slight declines in sales, while urea and methanol production saw significant increases. The company cautions investors about potential variability in monthly data due to external factors, indicating that these figures are not guarantees of future performance.
More about China Coal Energy Co
China Coal Energy Company Limited is a joint stock company incorporated in the People’s Republic of China. It operates within the coal industry, focusing on the production and sale of commercial coal, as well as coal chemical operations including polyolefin, urea, methanol, and ammonium nitrate. The company also engages in coal mining equipment operations. The company’s market focus is on leveraging its comprehensive coal and chemical operations to maintain its position in the industry.
YTD Price Performance: -1.45%
Average Trading Volume: 4,488
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $18.79B
For an in-depth examination of 1898 stock, go to TipRanks’ Stock Analysis page.
