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01088 CHINA SHENHUA
RTNominal up31.750 +0.600 (+1.926%)
Others

16/04/2018 17:55

China Shenhua (01088) 1Q coal output down 7.6% to 72.1mt

[ET Net News Agency, 16 April 2018] China Shenhua Energy (01088) said its commercial
coal production from January to March 2018 recorded a year-on-year decrease of 7.6% to
72.1 million tonnes, which was mainly due to the temporary nil of coal production of
Ha'erwusu Open-pit Mine.
The seaborne coal sales of the company recorded a year-on-year decrease of 13% to 58.9
million tonnes, which was mainly attributable to factors such as a decrease in volume of
self-produced coal production as well as port operations affected by weathers.
The total power output dispatch recorded a year-on-year increase of 11.2%, which was
primarily due to the year-on-year increase in total power consumption of the society.
In March, the polyethylene sales and polypropylene sales of the company recorded
year-on-year decrease of 13.9% and 17.1%, respectively, as a result of the overhaul of
certain coal-to-olefin units of Baotou Coal Chemical Company since mid-March this year.
(KL)

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