China Coal’s Positive Profit Alert In Line, FVE Stays at HKD 3.44
No-moat China Coal’s positive profit alert came as no surprise, with profit rebound driven by higher coal prices on year-over-year basis. Despite slightly softened coal prices in the third-quarter, the preliminary result suggests a moderate sequential earnings recovery, with net profit rising to CNY 538-896 million from CNY 525 million in the second-quarter under PRC GAAP. This is in-line with our expectations, and should be attributable to a light pick up of coal production volume, as well as i...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.