Shandong Province-based Chinese miner Yunzhou Coal Mining Co. has issued its financial results for the first half of this year.
Accordingly, Yunzhou Coal Mining recorded a net profit of RMB 4.906 billion ($774 million) in the first six months of the current year, down 2.53 percent year on year. Its sales revenue in the given period amounted to RMB 29.2 billion ($4.6 billion), up 37 percent year on year.
Also in Shandong, the net profit of Shandong Jinling Mining Co., a subsidiary of Shandong Steel Group, decreased by 60 percent year on year to RMB 131 million ($20.7 million) in the first half of the current year.