Shanxi Province, China-based Shanxi Coking Coal Energy Group Co., Ltd has announced that it expects to register a net profit of RMB 5.35-5.93 billion ($0.79-0.88 billion) for the first half this year, up 175-205 percent year on year.
The company stated that strong demand and the increasing trend of coal prices contributed to the rise in its net profit during the given period.