China Shenhua's January operating data declines
China Shenhua Energy (SSE:601088) reported declines in several key operating metrics for January 2025. Coal sales decreased by 21.6% year-over-year to 30.2 million tonnes, impacted by the Spring Festival holiday, warmer temperatures, and higher inventory levels. Transportation volume via the company's own railways fell by 19.6% to 23.4 billion tonne-kilometers, and port loading volumes at Huanghua Port and Tianjin Port decreased by 18.6% and 5.3% respectively. Shipping volumes also saw significant declines. Total power generation decreased by 26.3% to 16.56 billion kWh, and total electricity sales fell by 26.5% to 15.60 billion kWh, attributed to lower electricity demand during the holiday and increased renewable energy generation. Despite these declines, the company maintains a stable outlook for 2025, with business volume targets aligned with 2024 levels. Sales of polyethylene and polypropylene increased slightly, and the company cautioned that monthly operating data may be subject to significant variations.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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