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China Shenhua Energy has raised China Railway's annual total revenue cap for transportation services. The company also announced the 96-hour trial operation of Unit No.1 of the South Sumatra No.1 Independent Power Project in Indonesia. Additionally, China Shenhua Energy forecasts up to a 16% decline in H1 attributable profit and reported a decline in commercial coal production and sales in June.
China Shenhua Energy has recently made significant announcements that could impact the company's financial performance and market position. The company has raised the annual total revenue cap for transportation services and initiated the 96-hour trial operation of Unit No.1 of the South Sumatra No.1 Independent Power Project in Indonesia. Additionally, China Shenhua Energy has forecasted a potential 16% decline in H1 attributable profit and reported a decrease in commercial coal production and sales in June.Daily stocks & crypto headlines, free to your inbox
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