Jinneng Holding Shanxi Electric Power (000767.SZ) expects to have a net profit of 27-33 million yuan in the year 2024, turning losses into gains compared to the previous year.

Jinneng Holding Shanxi Electric Power (000767.SZ) released its annual performance forecast for 2024, expecting a net profit attributable to shareholders of the listed company of 27-33 million yuan, turning losses into profits year-on-year. Compared to the performance forecast for the same period of the previous year, the net profit attributable to shareholders of the listed company is expected to increase year-on-year, mainly due to a decrease in coal prices leading to a reduction in the company's coal procurement costs.