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Yangquan Coal Industry Group Co Ltd (600348.SS)

600348.SS on Shanghai Stock Exchange

7.00CNY
29 Jul 2016
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Latest Key Developments (Source: Significant Developments)

Yang Quan Coal Industry (Group) expects H1 net profit to fall by 70-85 pct
Thursday, 21 Jul 2016 02:02am EDT 

Yang Quan Coal Industry (Group) Co., Ltd. <600348.SS>: Says it sees 2016 H1 net profit outlook to decrease by 70-85 percent compared with 2015 H1 . Says 2015 H1 net income was 322.1 million yuan .Comments that sluggish coal industry is the main reason for the forecast.  Full Article

Yangquan Coal sees H1 profit down 70-85 pct, Q2 coal output falls
Wednesday, 20 Jul 2016 03:51am EDT 

Yangquan Coal Industry Group Co Ltd <600348.SS> : Says it expects H1 net profit to fall 70-85 percent y/y versus net profit of 322.1 million yuan ($48.19 million) year ago .Says Q2 coal production down 11.0 percent y/y at 7.3 million tonnes.  Full Article

Yangquan Coal Industry (Group) issues 1.5 bln yuan mid-term bills
Wednesday, 27 Apr 2016 08:00pm EDT 

Yangquan Coal Industry (Group) Co Ltd:Says it issues first tranche of 2016 mid-term bills worth 1.5 billion yuan.Says the bills with a term of three years and an interest rate of 6.5 percent.Says the maturity date of April 26, 2019.  Full Article

Yangquan Coal Industry issues 2016 Q1 net profit outlook
Tuesday, 19 Apr 2016 08:00pm EDT 

Yangquan Coal Industry (Group) Co Ltd:Sees net profit for 2016 Q1 to decrease by 75 percent to 90 percent.Says the net profit of 2015 Q1 was 66,440,000 yuan.Comments that decrease in coal market demands is the main reason for the forecast.  Full Article

Yangquan Coal Industry (Group) announces no dividend payment for 2015
Sunday, 10 Apr 2016 08:00pm EDT 

Yangquan Coal Industry (Group) Co Ltd:Says no dividend payment for 2015.  Full Article

Yangquan Coal Industry (Group) gives 2015 net profit outlook below I/B/E/S estimates
Friday, 29 Jan 2016 07:00pm EST 

Yangquan Coal Industry (Group) Co Ltd:Sees net profit for 2015 to decrease 70 pct to 95 pct.Says the net profit of 2014 was 791.66 mln yuan.2015 reported net profit of 627.18 million yuan – Thomson Reuters I/B/E/S.Comments that overcapacity in coal industry, decreased sale price of core products are the main reasons for the forecast.  Full Article

Yangquan Coal Industry (Group) to apply for comprehensive credit line
Tuesday, 22 Dec 2015 07:00pm EST 

Yangquan Coal Industry (Group) Co Ltd:To apply to a financial company for comprehensive credit line of 1 bln yuan, with a term of one year.  Full Article

Yangquan Coal Industry (Group) issues 2015 first tranche of medium term notes
Thursday, 19 Nov 2015 07:00pm EST 

Yangquan Coal Industry (Group) Co Ltd:Issues 1.5 bln won worth of 2015 first tranche of medium term notes.Term of three years and coupon rate of 5.70 pct.Maturity date of Nov. 12, 2018.Huaxia Bank serves as main underwriter.  Full Article

Yangquan Coal Industry (Group) to take out loan from shareholder
Friday, 28 Aug 2015 08:00pm EDT 

Yangquan Coal Industry (Group) Co Ltd:To apply to its controlling shareholder, YANGQUAN COAL INDUSTRY(GROUP)CO.,LTD for an entrusted loan of 750 mln yuan.The loan is with a term of one year and an annual interest rate of 6 pct.  Full Article

Yangquan Coal Industry (Group) to issue medium term notes
Tuesday, 18 Aug 2015 08:00pm EDT 

Yangquan Coal Industry (Group) Co Ltd:Received approval to issue medium term notes, worth of 3,000 mln yuan.Huaxia Bank will serve as the main underwriter.  Full Article