China Shenhua Energy’s interim profit falls amid strategic acquisition

China Shenhua Energy Company Limited reported an 18.3% year-on-year decrease in revenue to RMB138,109m and a 14.8% decrease in profit attributable to equity holders to RMB26,706m for the six months ended June 30, 2025. This decline is attributed to reduced coal sales volume and price, as well as lower electricity sales and prices. Despite these challenges, the company maintained stable production and advanced key projects, including the acquisition of 100% equity in Hangjin Energy, which increased its coal-fired power generating capacity by 1,200 MW.

The board proposed an interim dividend of RMB0.98 per share (tax inclusive) for 2025, totaling RMB19,471m, representing 72.9% of the net profit attributable to equity holders under IFRS. This proposal is pending approval at the second extraordinary general meeting on October 24, 2025. Additionally, the company announced the abolishment of its supervisory committee and amendments to the articles of association, effective August 29, 2025.