It is reported that Datong Coal Industry recorded revenue of CNY 7.53 billion for the first three quarters an increase of 9.63%YoY.

The company’s net profit for the period fell 22.7%YOy to CNY 820 million for earnings per share of CNY 0.49.

For the third quarter, Dataong Coal Industry net profit slid 43.63%YoY to CNY 189 million for earnings per share of CNY 0.11. The net profit slump resulted from a relatively low selling price of coal compared to the industry average an increase in production cost per ton and a jump in administrative expenses.

(Sourced from caijing.com.cn)