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    Anyuan Coal's losses down by RMB234 million YOY to RMB20 million in H1 2017

    2017-08-30 18:02:23   [Print]
    According to the semi-annual report released by Anyuan Coal Co.Asian Metal Copyright93t; the gross margin was RMB19.Asian Metal Copyright, Ltd.Asian Metal Copyright The company claimed that despite the overall better economic situation in coal industry, it failed to turn losses into gains in H1 2017 due to decreased output and sales on year-on-year basis affected by factors such as closed mines resulted from the capacity reduction policy and the technical transformation of its branch company in Qujiang.Asian Metal Copyright on the evening of August 25th, its operating revenues were RMB1,753.Asian Metal Copyright1875 million tons of commercial coal at the average price of RMB555.Asian Metal Copyright0719 million during the reporting period, up by 21.Asian Metal Copyright, Ltd.Asian Metal Copyright29% YOY; its net losses were RMB20.Asian Metal Copyright29% YOY; its net losses were RMB20.Asian Metal Copyright0065 million, down by RMB233.Asian Metal Copyright .Asian Metal Copyright685 million or 92.Asian Metal CopyrightAccording to the semi-annual report released by Anyuan Coal Co.Asian Metal Copyright11% YOY.Asian Metal Copyright0719 million during the reporting period, up by 21.Asian Metal Copyright The main reason for its financial growth during this period was rising prices for coal.

    During the reporting period, the company produced 1.1366 million tons of raw coal with the unit manufacturing cost of RMB292.50/t; purchased 190,900t of coal with the cost of RMB315.30/t; produced 1.Asian Metal Copyright1366 million tons of raw coal with the unit manufacturing cost of RMB292.Asian Metal Copyright2141 million tons of commercial coal with the unit production cost of RMB364.20/t, and sold 1.Asian Metal Copyright78t.Asian Metal Copyright1875 million tons of commercial coal at the average price of RMB555.48/t, with gross margin of RMB189.81/t.Asian Metal Copyright During the reporting period, the company produced 1.Asian Metal Copyright In addition, the company sold 1.Asian Metal Copyright93t; the gross margin was RMB19.Asian Metal Copyright4427 million tons of coal during the period with the selling price of RMB601.71/t and purchasing cost of RMB581.93/t; the gross margin was RMB19.78/t.

    The company claimed that despite the overall better economic situation in coal industry, it failed to turn losses into gains in H1 2017 due to decreased output and sales on year-on-year basis affected by factors such as closed mines resulted from the capacity reduction policy and the technical transformation of its branch company in Qujiang.

    .Asian Metal Copyright29% YOY; its net losses were RMB20Asian Metal Copyright
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