China Shenhua's Q1 2025 revenue drops 21.1%
China Shenhua Energy (SSE:601088) reported a 21.1% decrease in revenue for the first quarter of 2025, totaling CNY 69,585 million, compared to CNY 88,162 million in the same period last year. Net profit attributable to shareholders fell by 18% to CNY 11,949 million. Basic and diluted earnings per share both decreased to CNY 0.601 from CNY 0.733. Operating cash flow decreased by 25.9% to CNY 20,538 million. The company attributed the revenue decline to reduced coal sales volume and average selling prices, as well as lower electricity sales and prices. Despite the declines, the company reported increased coal production, with total commodity coal production reaching 82.5 million tonnes. The acquisition of Hangjin Energy was completed during the period, contributing to coal sales and installed power generation capacity.
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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