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Reuters reported that coal demand boosted profits for Shenhua Energy Co. (HSE:1088) by 18 percent.
Reuters reported that coal demand boosted profits for Shenhua Energy Co. (HSE:1088) by 18 percent.
As quoted in the market news:
For 2011, Shenhua’s net profit totaled 45.677 billion yuan ($7.24 billion) versus restated net profit of 38.834 billion yuan for 2010, marking its highest annual net profit since listing in Hong Kong in 2005.
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