Bloomberg reported that Shenhua Energy Co. (HKG:1088) reported higher net income due to increased demand for coal.
Bloomberg reported that Shenhua Energy Co. (HKG:1088) reported higher net income due to increased demand for coal.
The market news is quoted as saying:
Net income last year rose to 38.1 billion yuan ($5.8 billion), or 1.91 yuan a share, from 31.7 billion yuan, or 1.59 yuan a share, the previous year, according to a statement released by the Hong Kong stock exchange today.