Coal India Fourth-Quarter Profit Beats Estimates on Prices

- May 25th, 2011

Bloomberg 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.

To read the full market news, click here.

Get the latest Coal Investing stock information

Get the latest information about companies associated with Coal Investing Delivered directly to your inbox.

Coal Investing

Tags

Tags:

Leave a Reply