Yanzhou Coal Mining Co., Ltd, the listed arm of Yankuang Group, produced 50.11 million tonnes of raw coal in the first half of 2020, rising by 6.63% from the preceding year, said the company in a statement late July 30.
The miner sold 67.82 million tonnes of commercial coal during the same period, increasing by 22.67% year on year, with sales of self-produced commercial coal up 7.49% to 48.22 million tonnes.
Its output of methanol came in at 0.94 million tonnes, up by 11.19% year on year, while sales also increased 11.36% to 0.93 million tonnes.
The company posted a 9.6% year-on-year increase of net profit attributable to shareholders to 8.67 billion yuan ($1.22 billion) in 2019, while its revenue came in at 200.65 billion yuan last year, increasing by 23.1% from the preceding year.
(Writing by Tammy Yang Editing by Jessie Jia)
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