Shenhua Huanghua port in northern China shipped 173.61 million tonnes of coal in 2016, surging 47.9% year on year, making it China's top coal handling port, showed data released by Shenhua Group on its website.
The port realizes revenue of 3.96 billion yuan ($575.72 million) last year, rising 42.60% on the year, with profit more than doubling to a record high of 1.63 billion yuan.
In 2016, Shenhua Huanghua port's throughput reached 183.70 million tonnes, up 53.08% from the year-ago level.
This was mainly attributed to climbed coal supply from newly-commissioned Zhunchi railway, increased handling capacity, as well as its open to all coal producers since 2015 instead of being exclusive to Shenhua Group.
Inner Mongolia-based Yitai Group shipped 8.48 million tonnes of coal via Shenhua Huanghua port during 2016, given lower costs and shorter shipping distance.
(Writing by Evie Feng Editing by Jessie Jia)
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