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Express News | Huaibei Mining Holdings has established a new company that includes the environmental materials business.
Zheshang: The performance of the Coal Industry in the first quarter is relatively stable, and coal prices are expected to rebound in mid-May.
In the first quarter, affected by holidays, higher temperatures, and other factors, demand was weak, supply increased, and coal prices fell; however, due to the long-term contract pricing system, the performance of Thermal Coal companies remained relatively stable in the first quarter.
Huaibei Mining Holdings (600985): Enhancing quality and reducing costs highlights performance resilience, while production recovery supports improved performance.
Event: On April 29, 2025, Huaibei Mining Holdings released the first quarter report for 2025. In the first quarter of 2025, the company's single-quarter revenue was 10.599 billion yuan, a year-on-year decrease of 38.95%, but an increase of 0.1% compared to the previous quarter.
Huaibei Mining Holdings (600985): Cost reduction offsets price decline, performance meets expectations.
The company released its performance announcement for the first quarter of 2025. In Q1 2025, the company achieved a revenue of 10.599 billion yuan, a year-on-year decrease of -38.95%, and a quarter-on-quarter increase of +16.62%; net profit attributable to shareholders was 0.692 billion yuan, a year-on-year decrease of -56.
Huaibei Mining: Huaibei Mining Holdings Co., Ltd. report for the first quarter of 2025
Announcement of the main operating data of Huaibei Mining Holdings Co., Ltd. for the first quarter of 2025