Yankuang Energy Group (OTCMKTS:YZCAY) Issues Quarterly Earnings Results

Key Points

• Yankuang Energy Group reported a quarterly earnings per share (EPS) of $0.28, showing its ongoing financial performance.
• The company increased its dividend to $0.5958 per share, significantly up from the previous dividend of $0.33, resulting in an impressive dividend yield of 1,966.0%.
• Yankuang Energy Group's stock saw a 2.5% decline in value, opening at $11.60, amidst fluctuating trading conditions.

Yankuang Energy Group (OTCMKTS:YZCAY - Get Free Report) released its quarterly earnings results on Friday. The energy company reported $0.28 EPS for the quarter, Zacks reports.

Yankuang Energy Group Stock Down 2.5%

YZCAY stock opened at $11.60 on Friday. The company's 50 day simple moving average is $11.14 and its 200-day simple moving average is $10.80. Yankuang Energy Group has a 12 month low of $9.18 and a 12 month high of $15.50. The company has a current ratio of 0.88, a quick ratio of 0.81 and a debt-to-equity ratio of 0.53.

Yankuang Energy Group Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, July 21st. Stockholders of record on Monday, June 9th were given a $0.5958 dividend. This is a boost from Yankuang Energy Group's previous dividend of $0.33. This represents a dividend yield of 1,966.0%. The ex-dividend date was Friday, June 6th.

About Yankuang Energy Group

Yankuang Energy Group Company Limited engages in the mining, preparation, and sale of coal in China and internationally. It offers thermal, PCI, and coking coal for electric power, metallurgy, chemical industry, etc.; manufactures, installs, and sells mining equipment and machinery; manufactures and sells coal mining and excavating equipment, cable, and rubber products; manufactures and sells methanol, acetic acid, ethyl acetate, caprolactam, naphtha, crude liquid wax, etc.; produces and sells chemicals and synthesis catalyst; explores for potash mineral; and sells coal mine machinery equipment and accessories, construction materials, petroleum products, and mineral products.

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