www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Industries

Domestic coal companies report weak performance in 2015

By Yu Xiaoming (chinadaily.com.cn) Updated: 2016-05-05 13:39

Domestic coal companies report weak performance in 2015

Female coal miners work at the Huaibei mine, East China's Anhui province, March 24, 2016. [Photo/IC]

As the 2015 profit reporting season comes to an end, the performance of domestic coal companies seems weaker than earlier expectations, due to overcapacity, poor demand and lower prices, Securities Daily reported on Thursday.

Last year, 39 listed coal companies reported a net loss of 5.1 billion yuan ($785.4 million), plummeting 1,120 percent year on year, the newspaper reported, citing statistics from Choice Data, a data brand under East Money Information Co Ltd.

Shaanxi Coal Industry Co Ltd posted the biggest loss, 2.99 billion yuan, followed by SDIC Xinji Energy Co Ltd, 2.6 billion yuan, and China Coal Energy Co Ltd, 2.5 billion yuan.

Statistics also showed that 34 coal firms reported a year-on-year decline in net profit.

Among them, Anhui Hengyuan Coal Industry and Electricity Power Co Ltd reported a net loss of 1.4 billion yuan - this represents a 8,292 percent?decline from a year earlier. Shanxi Coking Co Ltd posted a net loss of 830 million yuan, falling 4,299 percent year on year.

The average liability ratio of the 39 listed coal companies reached 60 percent last year, the highest level since 1999. In 2014, the figure was 56 percent.

However, 19 companies still reported net profit last year, among which China Shenhua Energy Co Ltd ranked first with 16.1 billion yuan, followed by Yanzhou Coal Mining Co Ltd and Wintime Energy Co Ltd.

China is the world's largest coal producer, but the coal sector is being hard hit by an industrial glut. The State Council announced earlier this year plans to slash capacity in the coal industry and stop approving any new coal mines before the end of 2019.

The country will shut down 500 million tons of capacity and consolidate another 500 million tons into the hands of the most efficient mine operators in the next three to five years, according to a guideline issued by the State Council.

China's coal consumption will be around 4.3 billion tons by 2020, as the government pushes for cleaner and greener growth despite the slowing economy, Wang Xianzheng, president of the China National Coal Association (CNCA) said during an industry conference last month.

For the next five years, the coal industry will prioritize restructuring and upgrades, which means cutting capacity and more mergers, Wang added.

 

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 美国一级毛片片aa久久综合 | 国产真真人女人特级毛片 | 国产精品永久免费自在线观看 | 国产三级a| 亚洲依依成人综合在线网址 | 国产精品国产自线在线观看 | 91精品日本久久久久久牛牛 | 欧美一二三 | 久草视频官网 | 亚洲 欧美 日韩 在线 中文字幕 | 亚洲成人视 | 9191精品国产免费不久久 | 国产婷婷一区二区在线观看 | 99免费观看视频 | 一区二区三区免费看 | 国产亚洲欧美在线播放网站 | 老色99久久九九精品尤物 | 综合亚洲一区二区三区 | 欧美日韩一区二区三区免费 | 91亚洲精品久久91综合 | 亚洲综合色一区二区三区另类 | 国产成人高清一区二区私人 | 九九亚洲精品自拍 | 成人午夜视频一区二区国语 | 亚洲区精品久久一区二区三区 | 黄色wwwcom| 亚洲性免费 | 中文精品久久久久国产不卡 | 在线观看人成网站深夜免费 | 国产成人一级 | 久久免费国产精品一区二区 | 一区中文字幕 | 91精品国产高清久久久久久io | 国产手机看片 | 欧美天堂 | 国产欧美日韩综合精品一区二区三区 | 91久久国产综合精品女同我 | 日本欧美亚洲 | 女人一级特纯黄大片色 | 日韩三级欧美 | 免费观看视频成人国产 |