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Wednesday, 02 February 22
CHINA'S TOP COAL PRODUCER FORECASTS 28 PCT PROFIT GROWTH IN 2021 - XINHUA
China Shenhua Energy Company Limited, one of the country’s biggest coal producers, said its net profits are expected to jump by 28 percent in 2021 due to higher coal sales and prices, among others.
 
Net profits from last year are likely to reach around 50.3 billion yuan (about 7.9 billion U.S. dollars), up 11.1 billion yuan from 2020, according to a company statement filed with the Shanghai Stock Exchange.
 
Rising coal sales, and higher selling prices of coal and polyolefins contributed to the increase of the company’s profits.
 
However, greater production costs and lower investment returns, among other factors, held back more significant profit growth, the statement noted.
Source: Xinhua


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Monday, 18 April 22
DEMAND FOR THERMAL COAL TO RISE DUE TO INCREASE IN ELECTRICITY DEMAND: INDIAN COAL MINISTRY - PTI
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Tuesday, 05 April 22
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Thursday, 31 March 22
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Thursday, 31 March 22
IMPORTED COAL PRICES TO JUMP 55% IN APR-JUN, IMPACT INDIAN FIRMS: ICRA - LIVEMINT
Supply disruption owing to the Russia-Ukraine conflict could push the price of imported coal by 45-55% in Q1FY23 compared to the previous quarter, ...


Thursday, 31 March 22
CHINA'S COAL OUTPUT SET FOR MODERATE GROWTH IN 2022 - INDUSTRY BODY - REUTERS
China is expected to see its coal output to grow further in 2022 after hitting a record last year, an industry body forecast on Wednesday, as the c ...


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