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National Bureau of Statistics: From January to February, the production of raw coal in large-scale industries was 0.77 billion tons, a year-on-year increase of 7.7%.
From January to February, the industrial raw coal output of enterprises above designated size was 0.77 billion tons, a year-on-year increase of 7.7%, with the growth rate accelerating by 3.5 percentage points compared to December of the previous year; the average daily output was 12.97 million tons.
The profit warning from GRAND OCEAN AR (00065.HK) estimates an annual loss expanding to 65 million yuan.
GRAND OCEAN AR (00065.HK) issued a profit warning, forecasting a post-tax loss of approximately 65 million yuan for the fiscal year 2024, compared to a loss of 33.6 million yuan recorded in the previous year. This is mainly due to the impairment loss of non-financial assets of about 26 million yuan; increased operating expenses in the Coal Mining business segment; and administrative expenses arising from acquisitions and exploration of potential investment opportunities during the year.
GRAND OCEAN AR: PROFIT WARNINGANDDATE OF BOARD MEETING
New themes are gradually emerging as market styles shift between high and low, but the strength of the Technology mainline's recovery remains crucial.
Yesterday, the market continued to adjust, and all three major Indexes fell, returning to a consolidation structure in the short term.
Fangzheng Securities: The coal price has certain support around 690 yuan, and the advantages of high dividend stocks in the Industry are significant.
Fangzheng Securities suggests paying attention to symbols in the coal industry with excellent resource endowments, stable operating performance, and a high expected dividend ratio.
Dividend Assets have become attractive again! The Hang Seng Index has dropped over 1400 points in the last five days, while high-yield stocks such as Coal Banks "refuse to correct."
① The Hang Seng Index has fallen more than 1,400 points in the past five days. Why do dividend-paying Assets remain resilient? ② High-yield stocks such as Coal and Banks "refuse to retreat". What bullish factors may continue to drive the market?