Summary
[Coal product volume and price rise, Shanxi Coking Coal’s net profit in the first three quarters is expected to increase by 65%-115%]Shanxi Coking Coal’s performance forecast on the evening of October 14 shows that the company is expected to achieve a net profit of 2.73 billion yuan to 3.56 billion yuan in the first three quarters. A year-on-year increase of 65%-115%. Among them, the third quarter is expected to achieve a net profit of 1.12 billion yuan to 1.34 billion yuan, a year-on-year increase of 150%-200%.
Shanxi Coking CoalReleased in the evening of October 14PerformanceThe notice shows that the company is expected to achieve in the first three quartersNet profit2.73 billion yuan-3.56 billion yuan, a year-on-year increase of 65%-115%. Among them, the third quarter is expected to achieve a net profit of 1.12 billion yuan to 1.34 billion yuan, a year-on-year increase of 150%-200%.
Regarding the reasons for performance growth,Shanxi Coking CoalSaid that, first, due to the strong coal market demand and price increase from the beginning of the year to the end of the reporting period, the sales and prices of the company’s main coal products have increased to a certain extent; second, the company actively promotes lean management and continues to strengthen cost and expense control. (Guo Ruikun)
(Source: China Securities Net)
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