China Shenhua Energy Co (HK:1088) has released an update.
China Shenhua Energy Co. reported mixed operational data for June 2024, with notable increases in coal sales and transportation turnover, but a decrease in power generation due to hydroelectric competition and maintenance. The improved efficiency in polyethylene and polypropylene production post-maintenance led to higher sales, contrasting the year-on-year drop in these segments due to scheduled overhauls. Investors are cautioned against relying solely on this fluctuating operational data for their financial decisions.
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