China National Coal Jan-Oct Coal Output +6.8% At 94.8M Tons

News was prepared under the information support of Online Daily Newspaper on Hellenic and international Shipping "Hellenic Shipping News".

20 Nov 2008

China National Coal Group said Tuesday it produced 94.76 million metric tons of coal during the January-October period, up 6.8% on year. China National Coal said in a statement its revenue during the period rose 42% on year to CNY67.69 billion, while profit jumped 62% on year to CNY10.43 billion. It didn't mention if this was net profit. Coal sales climbed 7.6% to 85.26 million tons during the period, of which 13.73 million tons were exported.
China National Coal is the parent of Hong Kong- and Shanghai-listed China Coal Energy Co.

Source: Dow Jones Newswires