China Shenhua Energy coal sales decline

Business | 18 Oct 2019 5:32 pm

Blue-chip China Shenhua Energy (1088) posted its coal sales slid 5.9 percent over a year earlier to 37 million tons in September, with commercial coal production shrinking 12.9 percent year-on-year to 21 million tons.

Gross power generation and the total power output dispatch for the month both slumped 54 percent from a year ago to 10.71 billion kWh and 10.06 million kWh, respectively.

For the first three quarters this year, commercial coal production for the company fell 2.7 percent compared with the same period of last year, with coal sales down 2.4 percent.

Gross power generation and the total power output dispatch meanwhile declined by 45 percent year-on-year.

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