China Shenhua Forecasts H1 2026 Net Profit of 28.4-31.9 Billion Yuan, Up 6.3%-19.4% YoY

According to its announcement, China Shenhua (01088) forecasted net profit attributable to parent company shareholders of 28.4 billion to 31.9 billion yuan for the first half of 2026, representing growth of 6.3% to 19.4% compared to the same period in 2025. The company attributed the increase primarily to higher profit from coal-to-chemical and transportation businesses, driven by increased volume in coal chemical operations and expanded capacity in rail, port, and shipping services. Higher tax expenses and increased other costs partially offset the gains.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments