Shanghai Datun Energy's net profit expected to up by 90-120%
2017-10-18 17:57:41 [Print]
According to the performance report for the first three quarters disclosed by Shanghai Datun Energy Co., Ltd., the company expected that the net profit attributable to shareholders of the listed company would increase by 90-120% from January to September 2017, compared with the same period last year.
The company claimed that prices for coal products maintained at relatively high levels as our country’s macro economy showed a more obviously prosperous trend amid steady development with the supply-side structural reform being carried out. In the first three quarters, the company optimized the product structure, and scientifically arranged production and sales based on the market demand, thus the net profit attributable to shareholders of the listed company rose remarkably in the first three quarters of 2017, compared with that in the same period of last year.
The company claimed that prices for coal products maintained at relatively high levels as our country’s macro economy showed a more obviously prosperous trend amid steady development with the supply-side structural reform being carried out. In the first three quarters, the company optimized the product structure, and scientifically arranged production and sales based on the market demand, thus the net profit attributable to shareholders of the listed company rose remarkably in the first three quarters of 2017, compared with that in the same period of last year.
