Yanzhou Coal Mining Company Limited Provides Earnings Guidance for the Year Ended December 31, 2017
January 29, 2018 at 02:17 pm IST
Yanzhou Coal Mining Company Limited provided earnings guidance for the year ended December 31, 2017. Based on the preliminary calculation made by the finance department of the company, it is estimated that the net profit attributable to shareholders of the company for the year of 2017 would increase by RMB 3,990 to RMB 5,070 million, representing an increase of approximately 193% to 245% as compared to the corresponding period of last year. The net profit after deducting non-recurring items of gains and losses attributable to shareholders of the Company would increase by RMB 3,370 RMB 4,450 million, representing an increase of approximately 226% to 299% as compared to the corresponding period of last year.