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Coal India Fourth-Quarter Profit Beats Estimates on Prices
May. 25, 2011 02:54PM PST
Industrial MetalsBloomberg reported that fourth quarter profits for Coal India (BOM:533278) were higher than expected.
Bloomberg reported that fourth quarter profits for Coal India (BOM:533278) were higher than expected.
The market news is quoted as saying:
The company raised prices by 30 percent for certain grades in February and plans to increase output by 4.8 percent to 452 million metric tons in the year that started April 1.
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