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Thursday, January 27, 2011

China Coal sees coal output at 154 Mt last yr

Jan 27, 2011

China National Coal Group Corp, the second largest producer of the fuel, posted a year-on-year increase of 28.65 million tonnes or 22.9 percent in coal output to 154 million tonnes in 2010, 1.1 times more than that of 2005, the company said in a statement.
China Coal traded a total of 140 million tonnes coal in 2010, representing a year-on-year increase of 28.8 percent or 31.33 million tonnes, which is the highest growth in the five years from 2005 to 2010, the company said.

China Coal realized 96.4 billion yuan of operating revenue, growing 37.4 percent or 26.3 billion yuan year on year.
In addition, the company’s profit increased 15.6 percent or 1.63 billion yuan on year to 12.1 billion yuan, hitting a new high.(sourced:en.sxcoal.com)

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