China Shenhua Energy posts sharp rise in net profit for H1

Thursday, 07 September 2017 10:21:46 (GMT+3)   |   Shanghai
       

Chinese coal miner China Shenhua Energy Company, a listed subsidiary of Shenhua Group - the largest coal company in China, has announced that it registered an operating revenue of RMB 120.518 billion ($18.4 billion) in the first half of the current year, up 53.1 percent year on year, with a net profit of RMB 24.315 billion ($3.7 billion), rising by 147.4 percent year on year.

The company stated that it has made improvements to its operations and management, resulting in its good performance in the first half of this year.


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