BEIJING -- Yanzhou Coal Mining Co, China's third largest listed coal miner by market value, saw 1.95 billion yuan (about $317 million ) in net profit in the first three quarters of 2014.
The figure represents an upside surprise amid flagging coal demands from both domestic and international markets and compared with a loss of 589 million yuan seen in the same period last year, the Shandong-based company said in a report filed with the Shenzhen Stock Exchange Sunday.
Surging revenues from coal sales mainly contributed to the strong earnings. Its revenue surged 15.63 percent year on year to 47.93 billion yuan in the first nine months, the company said.
Its basic earnings per share climbed to 0.4 yuan from minus 0.12 in the same period of last year, while total asset of the company rose 9.48 percent from the end of last year to 137.62 billion yuan.
|
 |
 |
| Trash to treasure: whiteware recycling plant in Guangdong | Top 6 overseas destinations for Chinese homebuyers 2 |
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
