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China Coal produces 52.7m tons of coal in H1, up 5.4%

(Xinhua)
Updated: 2009-07-20 15:25

Related readings:  China's coal output hits 827m tons in Jan-April  China's coal imports up and exports down  China Coal Energy 2008 profit up 17.7%  Huge coal reserve discovered in Xinjiang

China Coal Energy Co, the country's second largest coal producer, said Saturday that it produced 52.67 million tons of coal in the first half of this year, up 5.4 percent year-on-year.

The Beijing-based firm said in a statement to the Shanghai Stock Exchange that in June alone it produced 10.64 million tons of coal, up 24.2 percent over the figure a year earlier.

The Shanghai-listed company jumped 7.39 percent Friday to 14.53 yuan ($2.13) per share.

Chinese coal producers sold 1.23 billion tons of coal in the first half of this year, an increase of 42.26 million tons, or 3.55 percent ,from the same period last year, according to statistics released by the China Coal Industry Association Friday.