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Pingdingshan Tianan Coal Mining (601666): A drop in coking coal prices suppresses profits, waiting for demand recovery.
The company announced its Q1 2025 performance report, with revenue of 5.4 billion yuan, a year-on-year decrease of 34.69%; net income attributable to shareholders of 0.152 billion yuan, a year-on-year decrease of 79.50%. The decline in revenue and net income is mainly due to coking coal.
Pingdingshan Tianan Coal Mining (601666): Cost optimization hedges against price declines and the "East-Driven, West-Introduced Offshore" strategy is worth looking forward to.
The decline in prices has affected performance, and the results of cost optimization are already visible.
Pingmei Co., Ltd.: Report of Pingmei Co., Ltd. for the first quarter of 2025
Report for the first quarter of 2025 of Pingmei Co., Ltd.
Announcement of operating data for the first quarter of 2025 of Pingmei Co., Ltd.
Pingdingshan Tianan Coal Mining (601666.SH) reported a net income of 0.152 billion yuan in the first quarter, a decrease of 79.5% year-on-year.
Gelonghui, April 28th丨Pingdingshan Tianan Coal Mining (601666.SH) announced its report for the first quarter of 2025, with revenue of 5.4 billion yuan, a year-on-year decrease of 34.5%; the net income attributable to the parent company was 0.152 billion yuan, down 79.5% year-on-year; the net income attributable to the parent company after deducting non-recurring gains and losses was 0.176 billion yuan, a year-on-year decrease of 76.6%.