Zhengzhou Coal (SSE:600121) reports Q1 loss amid price dip

Zhengzhou Coal Industry & Electric Power (SSE:600121) announced a loss of CNY 60.20 million in the first quarter of 2025, citing the impact of a 15.62% drop in the price of thermal coal. Despite this, coal production increased by 1.67%, and sales rose by 1.11%. The company noted that it is actively working to mitigate the effects of the price decline through increased production, quality improvements, cost reduction, and sales promotions. Zhengzhou Coal also released its first Environmental, Social, and Governance (ESG) report. The company aims to boost profitability through coal business improvement, coal washing and processing, and the development of intelligent services.