Market Overview

China Shenhua Energy Full-Year Net Profit Slips

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China Shenhua Energy Co. Ltd. (OTC: CSUAY) reported a 14.2% drop in its net profit for 2014.

China Shenhua Energy's net profit for the year slipped to 38.7 billion yuan (US$6.23 billion).

Its revenue declined 12.5% to CNY248.4 billion.

The company's board announced plans to pay a final dividend of 74 yuan cents a share, compared to 91 yuan cents a share in 2013.

China Shenhua Energy shares rose 1.02% to close at $10.44 yesterday.

Posted-In: profitEarnings News

 

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