China Shenhua's net profit was 35.278 billion yuan in the first three quarters

According to China Shenhua’s third quarter report for 2018 which was released on the evening of October 30, the company 's revenue was 194.084 billion yuan in the first three quarters of 2018, up 6.3% year on year .Meanwhile, the net profit was 35.278 billion yuan, down 1.0% year on year. And the basic earnings per share was 1.77 yuan.

According to the announcement, , the group's asset-liability ratio was 32.8% on September 30, 2018, while it was 33.7% on December 31, 2017, down 0.9 percentage points from the end of the previous year.

The announcement expects that the overall supply and demand of China's coal market will be generally balanced in the fourth quarter , but due to uncertain factors such as weather and hydropower output, the coal market may experience certain fluctuations.