Shenhua Net Income Rises 20% on Sales, China Coal Demand

Industrial Metals

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.

To read the full market news, click here.

The Conversation (0)
×