The board of directors of Zhengzhou Coal Mining Machinery Group Co., Ltd. announced that, based on the Company's preliminary estimations and calculations, the Group is expected to record a decrease in net profit attributable to shareholders of the Company of approximately 75% for the year ended December 31, 2014 as compared with the same period in 2013. The Board considers that such estimated decrease in the performance results for the year ended December 31, 2014 is mainly due to the continual weakening trend of the coal industry in 2014.
Zhengzhou Coal Mining Machinery Group Company Limited
Equities
601717
CNE100000S58
Mining Support Services & Equipment
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5-day change | 1st Jan Change | ||
14.13 CNY | +0.50% | -4.53% | +11.70% |
EPS Revisions
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+11.70% | 3.31B | |
-36.56% | 1.96B | |
-18.97% | 571M | |
+3.48% | 510M | |
-27.24% | 385M | |
-27.16% | 373M | |
-26.57% | 357M | |
-27.08% | 336M | |
-31.57% | 334M | |
-4.64% | 211M |
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- Zhengzhou Coal Mining Machinery Group Co., Ltd. Provides Group Earnings Guidance for the Year Ended December 31, 2014