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CStone Pharmaceuticals — Earnings Release 2024
Aug 20, 2024
50715_rns_2024-08-20_829e425c-4a94-4463-8e0e-35593eaa4c96.pdf
Earnings Release
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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
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兗礦能源集團股份有限公司
YANKUANG ENERGY GROUP COMPANY LIMITED *
(A joint stock limited company incorporated in the People’s Republic of China with limited liability)
(Stock Code: 01171)
Inside Information
Announcement on Preliminary Financial Data for the half year of 2024
This announcement is made by Yankuang Energy Group Company Limited* (the “ Company ”) pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).
The main financial data for the half year of 2024 contained in this announcement is preliminary accounting information prepared in accordance with Chinese accounting standards and has not been audited by accounting firms. The specific data shall be subject to the data disclosed in the 2024 interim report of the Company. Investors should pay attention to investment risks.
I. Major financial data and indicators for the half year of 2024
Unit: RMB’000
| Item | During the reportingperiod | During the sameperiod of lastyear | Percentage ofincrease/decrease |
|---|---|---|---|
| Total sales revenue | 72,311,580 | 95,230,574 | -24.07% |
| Salesprofit | 13,469,610 | 20,180,465 | -33.25% |
| Totalprofit | 13,888,867 | 20,272,949 | -31.49% |
| Net profit attributable toshareholders of the listedcompany(“Netprofit”) | 7,568,315 | 11,072,063 | -31.64% |
| Net profit attributable toshareholders of the listedcompany deducting | 7,298,383 | 10,049,371 | -27.37% |
| extraordinary gains orlosses | |||
|---|---|---|---|
| Basic earnings per share(RMB) | 1.02 | 1.51 | -32.45% |
| Weighted average returnon net assets | 10.04% | 12.16% | -17.43% |
| At the end of thereporting period | At the beginning of thereporting period | Percentage ofincrease/decrease | |
| Total asset | 359,462,870 | 354,465,263 | 1.41% |
| Owners’ equityattributable toshareholders of the listedcompany | 75,841,653 | 72,827,965 | 4.14% |
| Share capital | 7,722,970 | 7,439,371 | 3.81% |
| Net assets per shareattributable toshareholders of the listedcompany (RMB) | 9.82 | 9.79 | 0.31% |
Note: The above table is based on the consolidated statements of the Company.
II. Description of operating performance and financial position
During the reporting period, the Company achieved effective improvement on capacity through scientific and reasonable optimization of production organization; Through the strengthening of lean management, the Company maximizes the potential to reduce costs and increase efficiency; The Company effectively hedges against the adverse impact of drop of coal prices. Relevant measures played a better effect in the second quarter, with the net profit increased in the second quarter as compared with the first quarter, achieving contrary growth.
In the first half of 2024, the Company achieved a sales revenue of RMB72.312 billion and a net profit of RMB7.568 billion. Among them, the net profit for the second quarter was RMB3.812 billion, representing an increase of RMB55 million or 1.46% as compared with the first quarter, and the growth rate was better than the average level of the same industry. As of 30 June 2024, the total asset was RMB359.463 billion, representing an increase of RMB4.998 billion or 1.41% as compared with the end of the previous year; The owner’s equity attributable to shareholders of the listed company was RMB75.842 billion, representing an increase of RMB3.014 billion or 4.14% as compared with the end of the previous year.
III. Risk warning
The key financial data for the half year of 2024 contained in this announcement is preliminary accounting information and has not been audited by an accounting firm and may differ from the data disclosed in the 2024 interim report of the Company, but it is expected that the above difference will not exceed 10%. Investors should pay attention to investment risks.
IV. Documents available for inspection
The comparative balance sheet and income statement signed and stamped by the current legal representative, chief accountant and head of accounting department of the Company.
Shareholders and potential investors of the Company are advised to exercise caution when dealing in shares.
By order of the Board Yankuang Energy Group Company Limited Li Wei* Chairman of the Board
Zoucheng, Shandong Province, the PRC
20 August 2024
As at the date of this announcement, the Directors of the Company are Mr. Li Wei, Mr. Xiao Yaomeng, Mr. Liu Jian, Mr. Liu Qiang, Mr. Zhang Haijun, Mr. Su Li and Mr. Huang Xiaolong, and the independent nonexecutive Directors of the Company are Mr. Peng Suping, Mr. Zhu Limin, Mr. Woo Kar Tung, Raymond and Ms. Zhu Rui.
* For identification purpose only