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Home > News > Valuable News > China Shenhua's coal sales in the first eight months decreased by 2%

China Shenhua's coal sales in the first eight months decreased by 2%

ECHEMI 2019-09-30

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Shenhua China announced that in August 2019, the company's commercial coal production was about 23.4 million tons, down 7.9% from the same period last year. Coal sales were about 38.3 million tons, down 5.2% year on year. In the first eight months of 2019, the company's commercial coal output was about 193 million tons, down 1.4% from the same period last year. Coal sales are about 295 million tons, down 2% from the same period last year.

In August 2019, the company's total power generation was about 13.11 billion kWh, a 54.1% decrease over the same period of last year. Total electricity sales were about 12.22 billion kWh, a 54.3% decrease over the same period last year. In the first eight months of 2019, the company's total power generation was about 105.94 billion kWh, down 44.3% from the same period last year. Total electricity sales were about 99.28 billion kWh, a 44.4% decrease over the same period last year.

In August 2019, the main reasons for the decline of the company's commodity coal output were as follows: the commodity coal output of Shengli No. 1 Open-pit Mine declined due to the progress of land acquisition at the mining site; and the commodity coal output of Wanli No. 1 Mine declined due to the progress of renewal of production certificates. The company is actively taking measures to promote related work.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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