Yankuang Energy Group Company Limited Class H (HK:1171) has released an update.
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Yankuang Energy Group’s overseas subsidiary, Yancoal Australia, reported a strong performance for Q3 2024, with a 10% increase in coal production and a 20% rise in sales volume compared to the same period in 2023. However, the average realized price per tonne saw a decline, reflecting market price adjustments. Investors may find these figures indicative of the company’s operational resilience amidst fluctuating coal prices.
For further insights into HK:1171 stock, check out TipRanks’ Stock Analysis page.
