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China Coal Energy : Swings to 1st Half Net Profit of CNY225.1 Million

Updated: 2016-08-25 15:13

    China Coal Energy Co. Ltd. late Wednesday reported a first-half net profit of 225.1 million yuan (US$33.8 million), thanks to disposal gains and better cost control despite weaker revenue.

    The Hong Kong-listed energy firm said its net profit for the six months ended June reversed a net loss of CNY1.07 billion a year earlier, while its first-half revenue fell to CNY26.30 billion from CNY29.75 billion a year earlier.

    The company didn't declare an interim dividend.


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