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Inner Mongolia Yitai's H1'19 net profit falls 17% YOY to 1.92B yuan

Inner Mongolia Yitai Coal Co. Ltd. on Aug.30 announced that its net profit attributable to shareholders for the first six months fell by 16.9% year over year to 1.92 billion Chinese yuan from 2.30 billion yuan of a year earlier.

EPS during the period reduced by 17% year over year to 59 fen from 71 fen.

The company's operating revenue increased 10.3% year over year to 20.08 billion yuan from 18.19 billion yuan of the year-ago period.

Over the six-month period, Inner Mongolia Yitai produced 24.0 million tonnes of coal and sold 42.1 million tonnes of coal.

As of Aug. 29, US$1 was equivalent to 7.14 Chinese yuan.