Yankuang Energy Hits Record Coal Production
Company Announcements

Yankuang Energy Hits Record Coal Production

Yankuang Energy Group Company Limited Class H (HK:1171) has released an update.

Yankuang Energy Group Company Limited reports a significant increase in their coal business for July 2024, with the production volume of saleable coal reaching a monthly record high of 12.63 million tonnes. This marks a 9% year-on-year increase, mainly attributed to growth in Shaanxi, Mongolia, and Australia. However, various factors such as macroeconomic policies, market changes, and maintenance activities influenced the operational data, which may cause substantial month-to-month fluctuations.

For further insights into HK:1171 stock, check out TipRanks’ Stock Analysis page.

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