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Article: China: Shenhua posts 12.7 net rise for Q1-Q3 on 13.7 pct turnover rise.(Financial report)
- Article from:
- TendersInfo
- Article date:
- October 30, 2009
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Byline: kusumv03
Leading Chinese coal producer China Shenhua Energy Co., Ltd posted 12.4 percent increase in net profit totalling 27.966 billion yuan in the first three quarters of 2009, according to its performance report for the third quarter of 2009 released on Wednesday. The net profit attributed to shareholders of Shenhua surged by 12.7 percent to 24.72 billion yuan.
The report also showed that Shenhua made 88.153 billion yuan of operating revenue in the January to September period, up 13.7 percent on year, and achieving 34.778 billion yuan in operating profit, up 14.7 percent on year.
Shenhua attributed the profit rise to its marketing ...