山西焦煤(000983) - 2014 Q4 - 年度业绩预告

Financial Performance - The company's net profit attributable to shareholders is expected to decline by 70% to 80%, with estimated earnings between RMB 21,139 million and RMB 31,708 million, compared to RMB 105,694 million in the same period last year [2]. - The decline in performance is primarily due to the ongoing downturn in the coal industry and related sectors such as steel and coking, exacerbated by structural overcapacity in the coal industry [2]. - The coal market prices continued to decrease throughout 2014, alongside a reduction in sales volume for certain coal types and an increase in financial expenses, leading to a significant year-on-year decline in performance [2]. - The performance forecast has not been audited by a registered accountant, indicating preliminary estimates from the company's financial department [2]. Investment Risks - The company advises investors to be cautious regarding investment risks due to the volatile market conditions [2].