China Shenhua Energy Co ( (HK:1088) ) has shared an announcement.
China Shenhua Energy Company Limited has successfully implemented its ‘Improving Quality, Enhancing Efficiency, and Increasing Returns’ initiative, achieving and surpassing its annual production and financial targets for 2024. The company reported robust operating results with significant coal production, sales, and power generation, contributing to a record profit. Additionally, China Shenhua is strengthening its growth drivers by acquiring new coal resources, advancing integrated capacity projects, and accelerating its green transformation with investments in renewable energy and intelligent mining systems. The company is committed to rewarding shareholders with a stable and increasing dividend payout, proposing a new shareholder return plan for 2025-2027 to enhance investor returns.
More about China Shenhua Energy Co
China Shenhua Energy Company Limited is a leading energy company in China, primarily engaged in the production and sale of coal, power generation, and railway and port transportation services. The company focuses on optimizing its operations and expanding its resource base to maintain a strong position in the energy sector.
YTD Price Performance: -1.91%
Average Trading Volume: 788
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $97.49B
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