SCIEG sees net profit of RMB 308 million in 2016

Shanxi Province-based Chinese coal enterprise Shanxi Coal International Energy Group Co., Ltd (SCIEG) has announced in its annual report that in 2016 it registered an operating revenue of RMB 49.16 billion ($7.13 billion), up 24.2 percent year on year, with a net profit of RMB 308 million ($44.7 million), compared to the net loss of RMB 2.38 billion it recorded in 2015.