Shanxi Coking Coal Group sees sharp surge in gross profit in 2017

Thursday, 22 March 2018 11:08:22 (GMT+3)   |   Shanghai

Shanxi Province-based Chinese coal company Shanxi Coking Coal Group has announced that in 2017 it achieved an operating revenue of RMB 153.0 billion ($23.2 billion), exceeding its original target of RMB 130.0 billion ($20.6 billion) for the given year, and recorded a gross profit of RMB 2.6 billion ($0.41 billion), up almost nine-fold year on year.

In 2017, Shanxi Coking Coal Group produced 96.10 million mt of raw coal, 45.17 million mt of coking coal and 9.43 million mt of coke, up 5.0 percent, up 4.8 percent and 1.6 percent respectively, year on year.


Similar articles

Coal producers in Shanxi see losses of RMB 4.02 billion in Jan-Feb

04 Apr | Steel News

China’s coal output reaches 2.46 billion mt in January-August

30 Sep | Steel News

Local coke suppliers in China hope for second price rise, buyers resist for now

03 Apr | Scrap & Raw Materials

MOC: Average high-speed wire rod price in China down 0.3% in Mar 23-29, 2026

03 Apr | Steel News

Ex-Australia coking coal price rises in new deal amid rising fuel costs, transportation issues

01 Apr | Scrap & Raw Materials

India’s CIL to build eight coal washeries investing $348 million to augment supplies to large users including steel ...

30 Mar | Steel News

China Coal Energy’s coal sales down 7.2% in Jan-Feb 2026, posts lower net profit for 2025

30 Mar | Steel News

CISA: Coking coal purchase costs in China down 3.96 percent in Jan-Feb 2026

30 Mar | Steel News

China Shenhua Energy’s coal sales up 2.6 percent in January-February

30 Mar | Steel News

Local Chinese coking coal prices - week 13, 2026

27 Mar | Scrap & Raw Materials