TABLE-China's Pingdingshan Coal H1 net up 50 pct

Mon Aug 18, 2008 8:30pm EDT
 
[-] Text [+]
 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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