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China Shenhua Energy Reports 2024 Annual Results and Dividend Proposal

Story Highlights
  • China Shenhua Energy announced audited 2024 results with a proposed dividend of RMB2.26 per share.
  • The company faces potential risks from market conditions and policy changes affecting 2025 targets.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Shenhua Energy Reports 2024 Annual Results and Dividend Proposal

China Shenhua Energy Co ( (HK:1088) ) has issued an announcement.

China Shenhua Energy Company Limited has announced its audited annual results for the year ending December 31, 2024. The company reported a proposal for a final dividend payment of RMB2.26 per share, amounting to a total of RMB44,903 million, pending shareholder approval. The financial statements, audited by KPMG, received a standard unqualified opinion, ensuring their authenticity and accuracy. The company acknowledges potential risks due to market conditions and policy changes, which could impact its 2025 business targets.

More about China Shenhua Energy Co

China Shenhua Energy Company Limited is a major player in the coal and power generation industry in China. It operates as a joint stock limited company and is incorporated in the People’s Republic of China with a focus on energy production and distribution.

YTD Price Performance: -1.91%

Average Trading Volume: 788

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $97.49B

Find detailed analytics on 1088 stock on TipRanks’ Stock Analysis page.

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