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China Coal Energy Co Ltd gives FY 2013 net profit outlook below analysts' estimates

Friday, 24 Jan 2014 03:42am EST 

China Coal Energy Co Ltd:Sees FY 2013 net profit attributable to shareholders decrease by 55 pct-65 pct as compared to FY 2012.Says decrease in the net profit attributable is due to continuing downturn of coal market, constant decline in the price of coal and corresponding decrease in the profit of coal enterprises caused by slowdown in the macroeconomic growth and adjustment of national energy strategy.The company reported net profit of 8.842 bln Yuan for FY 2013.FY 2013 net profit of 5.040 bln Yuan - Thomson Reuters I/B/E/S. 

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-0.04 -1.07%
4 Aug 2015