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Shaanxi Coal Group ranks 170th among the Fortune Global 500 in 2024 and ranks among the top 200 for 2 consecutive years
Release time: 2024-08-06     Author: Xu Baoping Wang Lin    Views: 2458    Share to:

August 5,2024 Fortune Global 500 Ranking Released。Shaanxi Coal Group’s operating income in 2023 is 747.USD 76.7 billion, ranked 170th on the list。This is the second consecutive year that Shaanxi Coal Group has ranked among the top 200 of the Fortune Global 500,This is also the 10th consecutive year on the Fortune Global 500 list。

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2023,Facing the severe and complex external market environment,Shaanxi Coal Group has always promoted high-quality development as its theme,Coordinate “Eight Focuses”,Scientific adjustment of development goals,Continuously strengthen compliance management,Continuously strengthen compliance management,Effectively promote cost reduction and loss control,Implement the “Four Business Philosophies”,While enhancing the core m88 casino reviewcompetitiveness of the enterprise,Further play the role of "ballast stone" for the province's economy,Provincial state-owned assets system 22.4% of assets,Contributed 30.8% of revenue、53.9% profit and 43.5% tax,Income growth rate、The return on net assets is 6 higher than that of the same industry nationwide.7%、3.1%,Profit level ranks second among provincial state-owned enterprises in the country、No. 15 among state-owned enterprises in the country,Making positive contributions to the stable growth of social industrial economy,Won the three awards of the “Outstanding Contribution Award for Stable Growth”, “Technology Innovation Award” and “Reform, Development and Improvement Award” of the province’s state-owned assets system in 2023。

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First half of this year,Shaanxi Coal Group adheres to high-quality development as its main line,Continue to deepen investment compliance、Cost Management、Loss Management、Four key tasks to strictly control non-productive expenditures,Improving the quality and efficiency of production and operation、The level of operation and management continues to improve,Achieve operating income of 263.6 billion yuan,YoY growth 0.5%;Profit 22.2 billion yuan,8 year-on-year m88 casinoincrease.9%,Revenue grows steadily,Profit increased significantly,Ranked among the top provincial state-owned enterprises。Next step,Shaanxi Coal Group will anchor the group’s “14th Five-Year Plan” and “18765” high-quality development goals,Promoting incremental development、Reform and Innovation、Operation Management、Risk Prevention and Control、Continuous efforts in work style capacity building and other aspects,Go all out to promote the high-quality completion of various goals throughout the year,Writing a new chapter in Shaanxi、Strive to be a demonstration in the western region and contribute new and greater strength to Shaanxi Coal。

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It is reported,The total operating income of this year’s Fortune Global 500 companies is approximately US$41 trillion,The threshold for inclusion on the list (minimum sales revenue) increased from US$30.9 billion to US$32.1 billion。A total of 133 Chinese companies are on the list。This year,There are 6 coal companies in my country on the list,One less than last year。(Xu Baoping Wang Lin)

Source: Shaanxi Coal Group website