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Shenhua Energy Q1 Net Profit Up On Higher Output

04-29 18:26 Caijing



» China Shenhua Energy said first quarter net profit rose 17 percent year-on-year to 7.9 billion yuan on higher output and increased sales volumes, with export prices rising 50.5 percent.

» Operating revenues rose 14.2 percent from a year earlier to 27.2 billion yuan.

» Shenhua produced 51.8 million tons of coal in the first quarter, up 16 percent year-on-year, while March output was up 25.5 percent at 19.2 million tons.

» Coal sales by volume in the first quarter grew 0.5 percent to 57 million tons, with March sales accounting for 22.7 million tons, up 19.5 percent.

From wires

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