China Knowledge reported that China Shenhua Energy Co Ltd the country largest coal producer produced 27.3 million tonnes of commercial coal in August reflecting a YoY increase by 20.3%.

The Shanghai and Hong Kong listed firm commercial output swelled 26.2%YoY to 23.1 million tonnes. Coal sales amounted to 32 million tonnes up by 26.5%YoY.

Last month, the coal company sold 306 million tonnes of coal, 21.9% more than in August 2010. Of the total sales, 500,000 tons were exported plunging 44%YoY. In addition, China Shenhua Energy said its electricity output surged 34.6%YoY to 18,100 gigawatt hours in June and the firm power sales soared 34.6%YoY to 16,800 GWh in the month.

The Chinese coal producer reaped CNY 21.87 billion in net profit attributable to shareholders in the first half of this year up by 16.1%YoY and its operating revenue for the first half surged 40.5%YoY to CNY 100.69 billion.

(Sourced from China Knowledge)