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Yanzhou Coal Held a 2019 Performance Briefing

2020-03-31 15:00:00

On the morning of March 30, Yanzhou Coal (600188SH; 1171HK) held a 2019 performance briefing at the headquarters. At the briefing, Yanzhou Coal introduced its 2019 performance online to global investors through a conference call and made an outlook for the future development.

Li Xiyong, Chairmam of the Board of Directors, introduced Yanzhou Coal's 2019 operating results to investors. In 2019, Yanzhou Coal’s operation continued to improve so that many indicators broke the records. According to Chinese Accounting Standards, the company had the annual operating income of RMB200.65 billion, with an increase of RMB37.64 billion or 23.1% as compared with that of the previous year; The net profit of shareholders of the parent company was RMB8.67 billion, with an increase of RMB760 million or 9.4% as compared with that of the previous year.

Li Xiyong said, the management of Yanzhou Coal has the ability and confidence to continuously adhere to the idea of “safe, green and efficient development as well as return to the shareholders and society in a sincere manner”, concentrate on the main business, collect strength to promote development and create favorable benefits to stakeholders so as to live up to the concerns and expectations of the society and coal industry.

Moreover, the management of Yanzhou Coal conducted in-depth communication with investors and analysts on hot issues such as the strategic planning and implementation, dividend scheme and future development.