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BIZCHINA> Top Biz News
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China Coal Energy 2008 profit up 17.7%
(Xinhua)
Updated: 2009-03-30 13:37 Shanghai-listed China Coal Energy company Ltd, one of the country's leading coal producers, said Sunday night its 2008 profit rose 17.7 percent year on year amid rising coal price and production.
Business revenue of the company in 2008 was 51.47 billion yuan, representing an increase of 42.8 percent over the previous year, while revenue in coal sector topped 38.3 billion yuan, up 40.6 percent year on year, according to the report. Wang An, China Coal Energy board chairman, said: "The company will continue to expend both domestic and overseas markets in the future and enhance coal production and upgrade production equipment." (For more biz stories, please visit Industries)
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