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In the first half of this year, the loss area of the coal industry continued to expand.
At a recent media briefing, Lu Junling, deputy director of the Economic Operation and Adjustment Bureau of the National Development and Reform Commission, said that in the first half of the year, coal enterprises above designated size in the country achieved a profit of 20.
05 billion yuan, only 10.
5%
of the same period in 2012.
At the end of the period, the loss of loss-making enterprises reached 48.
41 billion yuan, and the loss area of large and medium-sized coal enterprises has reached more than
70%.
As the largest coal enterprise in China, China Shenhua's semi-annual report shows that in the first half of the year, the company achieved a total profit of 20.
87 billion yuan, down 37.
4% year-on-year; The net profit attributable to the company's shareholders was 11.
73 billion yuan, down 45.
6%
year-on-year.
In terms of coal production and sales, affected by downstream industry demand, weather and other factors, in the first half of the year, China's Shenhua commodity coal production fell by 10.
1% year-on-year, and coal sales fell by 24.
2%
year-on-year.
China Coal Energy lost money
.
According to the half-year report, in the first half of the year, the company achieved operating income of 29.
747 billion yuan, down 16.
1% year-on-year; Total profit -989 million yuan, down 171% year-on-year; Net profit attributable to shareholders of the parent company was -965 million yuan, down 240.
7%
year-on-year.
In terms of coal production and sales, China Coal Energy's commodity coal production in the first half of the year fell by 22.
1% year-on-year, and coal sales fell by 14.
6%
year-on-year.
Looking forward to the second half of the year, the weak coal market situation is difficult to change
in the short term.
Guo Zhonghua, deputy director of the policy research department of the China Coal Industry Association, said that at present, the coal market continues to decline with limited space, with the macroeconomic stabilization and improvement, the coal market in the second half of the year has signs of improvement, but the situation of market oversupply is difficult to change in the short term, coal enterprises operating difficulties may aggravate
.
In the first half of this year, the loss area of the coal industry continued to expand.
At a recent media briefing, Lu Junling, deputy director of the Economic Operation and Adjustment Bureau of the National Development and Reform Commission, said that in the first half of the year, coal enterprises above designated size in the country achieved a profit of 20.
05 billion yuan, only 10.
5%
of the same period in 2012.
At the end of the period, the loss of loss-making enterprises reached 48.
41 billion yuan, and the loss area of large and medium-sized coal enterprises has reached more than
70%.
As the largest coal enterprise in China, China Shenhua's semi-annual report shows that in the first half of the year, the company achieved a total profit of 20.
87 billion yuan, down 37.
4% year-on-year; The net profit attributable to the company's shareholders was 11.
73 billion yuan, down 45.
6%
year-on-year.
In terms of coal production and sales, affected by downstream industry demand, weather and other factors, in the first half of the year, China's Shenhua commodity coal production fell by 10.
1% year-on-year, and coal sales fell by 24.
2%
year-on-year.
China Coal Energy lost money
.
According to the half-year report, in the first half of the year, the company achieved operating income of 29.
747 billion yuan, down 16.
1% year-on-year; Total profit -989 million yuan, down 171% year-on-year; Net profit attributable to shareholders of the parent company was -965 million yuan, down 240.
7%
year-on-year.
In terms of coal production and sales, China Coal Energy's commodity coal production in the first half of the year fell by 22.
1% year-on-year, and coal sales fell by 14.
6%
year-on-year.
Looking forward to the second half of the year, the weak coal market situation is difficult to change
in the short term.
Guo Zhonghua, deputy director of the policy research department of the China Coal Industry Association, said that at present, the coal market continues to decline with limited space, with the macroeconomic stabilization and improvement, the coal market in the second half of the year has signs of improvement, but the situation of market oversupply is difficult to change in the short term, coal enterprises operating difficulties may aggravate
.
