Yunnan Coal & Energy Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 19, 2021 at 03:19 pm IST
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Yunnan Coal & Energy Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 2,736.350 million compared to CNY 2,191.865 million a year ago. Operating income was CNY 140.438 million compared to operating loss of CNY 19.623 million a year ago. Net income was CNY 111.087 million compared to net loss of CNY 25.322 million a year ago. Basic earnings per share from continuing operations was CNY 0.11 compared to basic loss per share from continuing operations of CNY 0.03 a year ago.
Yunnan Coal & Energy Co Ltd is a China-based company mainly engaged in the coal coking business. The Company's business mainly covers the coal coking sector and heavy machinery sector. The coal coking business mainly includes the production and sales of coke and related chemical products. The main product is metallurgical coke, and the by-products include coal gas, crude benzene, tar, methanol, ammonium sulfate, sulfur and other products. The heavy machinery sector mainly includes lifting and transportation machinery, mining and metallurgical equipment manufacturing, maintenance and inspection services, and wear-resistant materials. The Company mainly conducts its businesses in the domestic market.