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NACCO sees YOY rise in Q2'19 consolidated net income, drop in coal deliveries

NACCO Industries Inc.'s consolidated net income totaled $8.0 million, or $1.14 per diluted share, during the second quarter, an increase from $6.4 million, or 92 cents per diluted share, in the year-ago period, according to a July 31 release.

The miner delivered 7.8 million tons of coal during the second quarter compared with 8.8 million tons over the same period a year ago.

The company's consolidated revenue rose from $33.7 million in the second quarter of 2018 to $41.4 million during the recent period. As of June 30, NACCO had $98.4 million in consolidated cash on hand and $12.0 million in debt.