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China Coal's 9-month production, sales down YOY


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China Coal's 9-month production, sales down YOY

China Coal Energy Co. Ltd. produced about 58.0 million tonnes of coal in the nine months that ended Sept. 30, representing a 3.5% decrease on a yearly basis.

The company's coal sales during the period also fell by 4.5% to 95.9 million tonnes, according to an Oct. 13 release.

China Coal recently flagged an up to a 190% jump in its nine-month profit, driven by the implementation of supply-side structural reform, coal price gains and cost controls.