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

Time:2018-11-01 11:24:10      Source: cctdcoal.com

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.

Index RMB/t DoD Basis Date
Datong 5500 450 0 ex-mine 06-13
Shuozhou 5200 435 0 FOR 06-13
Ordos 5500 415 0 ex-mine 06-13
Yulin 6200 535 0 ex-mine 06-13
Liulin Low-sulphur 570 0 ex-mine 06-13
Gujiao Low-sulphur 1095 0 FOR 06-13
Xingtai Low-sulphur 1210 0 ex-Factory 06-13
Yangquan PCI 770 0 FOR 06-13
Index RMB/t WoW WoW% Date
Qinhuangdao 620.0 -38.0 -5.78 06-12
Caofeidian 528.0 -39.0 -6.88 06-12
Huanghua 178.3 -12.0 -6.31 06-12
Guangzhou 290.0 13.0 4.69 06-12
coastal 6PPs 1629.8 44.7 2.82 07-02
North Ports 2697.8 53.0 2.00 02-01
Yangtze River delta 1242.5 -74.7 -5.67 02-01
South Ports 2233.4 -216.0 -8.82 02-01
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