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    coal investing

    SinoCoking Releases Q2 2012 Financial Results

    Investing News Network
    Feb. 10, 2012 03:00PM PST
    Industrial Metals

    SinoCoking Coal and Coke Chemical Industries, Inc. (NASDAQ:SCOK) announced increased revenue as part of its second quarter financial results.

    SinoCoking Coal and Coke Chemical Industries, Inc. (NASDAQ:SCOK) announced increased revenue as part of its second quarter financial results.

    As quoted in the press release:

    Due to tight coal supplies, revenue from the sale of coal products increased by 16.9% to approximately $8.4 million, despite a 16.3% decrease in total metric tons sold.  Coal revenue accounted for 48.7% of total revenue for the quarter as compared to 43.0% of total revenue last year.

    Click here for the SinoCoking Coal and Coke Chemical Industries, Inc. (NASDAQ:SCOK) press release.

    coal investingfinancial resultsnasdaq:scok
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