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Anhui Hengyuan Coal Electricity Net Profit up 9% YoY in H1 2019

https://en.steelhome.com [SteelHome] 2019-08-19 15:26:45

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The semi-annual report released by Hengyuan Coal Electricity recently showed that the company achieved operating income of 3.318 billion yuan in the first half of 2019, a year-on-year increase of 5.42%; net profit of 494 million yuan, an increase of 9.15% on year.

In the first half of 2019, the company's raw coal output was 5.2231 million tons, down 3.52% on year. The commercial coal output was 4.6687 million tons, up 1.16% on year. The sales volume of commercial coal was 4.7697 million tons, up 6.03% on year.

According to the report, Anhui Hengyuan Coal Electricity belongs to the coal mining industry and is mainly engaged in coal mining, washing, transportation, sales and production services. Coal products are mainly used in electric power, metallurgy and chemical industries.

(To contact the reporter on this story: crystal.lin@steelhome.cn or 86-555-2238927)
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