Chinese coal company China Coal Energy Company Limited (China Coal Energy), has announced that it expects to register a net profit of RMB 1.5-1.8 billion ($0.225-0.270 billion) for the first half of the current year, seeing a significant rise compared to the net profit of RMB 616.407 million recorded in the corresponding period last year.
China Coal Energy stated that the rises seen in coal prices in the first half this year have contributed to the improvement of its performance.