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China Shenhua Energy Co
CSUAY reported a 5.9% rise in its first-quarter net profit.
China Shenhua Energy's quarterly net profit climbed to CNY11.74 billion (US$1.86 billion), from CNY11.09 billion, in the year-ago period. Its revenue surged 25% to CNY59.53 billion from CNY47.51 billion, based on international accounting standards.
China Shenhua Energy's commercial coal output gained 12% y/y to 79.1 million metric tons, while sales climbed 16% to 108.3 million tons.
China Shenhua Energy shares closed at $43.10 on Friday.
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