TABLE-China's Pingdingshan Coal H1 net up 50 pct
SHANGHAI, Aug 19 (Reuters) - Six months ended June 30, 2008.
(in millions of yuan unless stated, against 2007 figures):
2008 2007
Turnover 7,892.34 vs 5,050.94
Net profit 889.20 vs 593.73
Earnings per share (yuan) 0.83 vs 0.55
Net assets per share (yuan) 6.00 vs 5.14
Company: Pingdingshan Tianan Coal Mining Co (601666.SS) is
a major Chinese Chinese coal producer.
Note: The results, unaudited and compiled under domestic accounting standards, were published by the official Shanghai Securities News on Tuesday.
Pingdingshan Coal said its profits rose because it sold 11.34 percent more coal to 14 million tonnes in the first half of this year from a year earlier. In addition, the company's average coal price jumped 42 percent year on year in the first half of 2008. ($1 = 6.87 Yuan) (Reporting by Lu Jianxin in Shanghai; Editing by Louise Heavens)
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