Market Insight

2024.07.10 11:01

Market News CHINA SHENHUA (01088) expects 1H profit down 8.4%-13.8%

(Infocast News) CHINA SHENHUA (01088) issued a profit warning. The profit for the Period attributable to the equity holders of the Company, for the Group, is estimated to be between RMB31.8 billion and RMB33.8 billion (the first half of 2023: RMB36.861 billion), representing a year-on-year decrease of 8.4% to 13.8% (the first quarter of 2024: a year-on-year decrease of 14.1%). (WL)