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Article: Puda Coal Announces Fourth Quarter and Full Year 2007 Results.
- Article from:
- PR Newswire
- Article date:
- April 11, 2008
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Full Year Revenue Reached $165.3 Million and Net Income Climbed
to $10.9 Million
TAIYUAN, China, April 11 /Xinhua-PRNewswire-FirstCall/ -- Puda Coal, Inc. (BULLETIN BOARD: PUDC) (''Puda Coal'' or the ''Company''), a leading supplier of China's high grade metallurgical coking coal used to make coke for the purposes of steel manufacturing, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2007.
Fourth Quarter 2007 Highlights
-- Fourth quarter net revenue was $49.2 million, up 13.4% from the fourth
quarter of 2006
-- Operating income totaled $6.3 million, down ...