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Yankuang Energy Group Company Limited Class H ( (HK:1171) ) just unveiled an update.
Yancoal Australia Limited, a subsidiary of Yankuang Energy Group Company Limited, announced its production and sales data for the fourth quarter of 2024. The production volume of saleable coal remained stable compared to the same quarter in 2023, while the sales volume saw a slight increase of 3%. However, the average realized price per tonne decreased by 10% from the previous year. This announcement reflects a stable production output with a slight increase in sales, but a notable decrease in coal prices, which may impact the company’s revenue and market performance.
More about Yankuang Energy Group Company Limited Class H
Yankuang Energy Group Company Limited is a joint stock company incorporated in China with a focus on energy production. The company operates in the coal industry and has subsidiaries such as Yancoal Australia Limited, which is listed on both the Australian Securities Exchange and the Hong Kong Stock Exchange.
YTD Price Performance: -7.46%
Average Trading Volume: 2,873
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $15.14B
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