» Yanzhou Coal Mining Co. said its 2008 net profit doubled as coal prices stayed high for much of the year before the economy lost momentum in the final quarter.

» The company posted a net profit of 6.5 billion yuan in 2008 under Chinese accounting standards, up 101.4 percent.

» Revenue was 26.1 billion yuan in 2008, up 57.4 percent.

» Yanzhou Coal’s sale prices averaged 663.9 yuan per ton over 2008, up 52.8 percent year-on-year.

From wires