Yanzhou Coal Mining's net profit expected to up by 370% in third quarters of 2017
2017-10-26 16:37:41 [Print]
According to an announcement made by Yanzhou Coal Mining Company Limited on the evening of October 25th, 2017, its net profits attributable to shareholders of the parent company in the first three quarters of 2017 are expected to increase by about 370% compared with the figure of RMB1.0180 billion during the same period last year. The company made the above forecasts mainly because its selling prices for coal increased sharply YOY, newly-built mines started production successively and self-produced coal sales increased significantly.
