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Zhongtai Securities released a research report on April 25 stating that it gave Shanghai Energy (600508.SH) a purchase rating. The main reasons for the rating include: 1) Shanghai Energy released its 2023 report and 2024 first quarter report; 2) coal busi
Zhongtai Securities released a research report on April 25 stating that it gave Shanghai Energy (600508.SH) a purchase rating. The main reasons for the rating include: 1) Shanghai Energy released its 2023 report and 2024 first quarter report; 2) coal business: coal prices weakened, production declined, and performance was under pressure; 3) electricity and aluminum products business: production increased year-on-year in 2023, and profit improved marginally. (Mainichi Keizai Shimbun)
Express News | Tunnel Co., Ltd. and others invested 100 million yuan to establish a new energy company
Shanghai Energy (600508): Weakening prices are dragging down coal performance and improving non-coal business operations
Shanghai Energy released its 2023 annual report and 2024 first quarter report: in 2023, the company achieved operating income of 10.978 billion yuan, a year-on-year decrease of 13.11%; net profit to mother was 969 million yuan, a year-on-year decrease of 44 million yuan
Shanghai Energy (600508.SH): Net profit for the first quarter was 303 million yuan, down 63.76% year on year
On April 24, Ge Longhui (600508.SH) released its report for the first quarter of 2024. During the reporting period, it achieved operating income of 2.32 billion yuan, a year-on-year decrease of 26.18%; net profit attributable to shareholders of listed companies was 305 million yuan, a year-on-year decrease of 63.76%; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 300 million yuan, a year-on-year decrease of 64.12%; and basic earnings per share were 0.42 yuan.
Shanghai Energy (600508.SH): Does not involve hydrogen energy business
Gelonghui, April 3 | Shanghai Energy (600508.SH) said on an interactive platform that the company is not involved in the hydrogen energy business.
Express News | Shanghai Energy: There are no plans to process or divest the aluminum processing business from listed companies
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