China's Yanzhou net profit hits USD317m in 9M


(MENAFN) China's third largest miner, Yanzhou Coal Mining Co., announced posting net profit of around USD317 million in the January-September period of 2014, Xinhua reported.

The figures revised from a decline of USD96.01 million registered in same period of the previous year, the company said in a report filed with the Shenzhen Stock Exchange.

Surging revenues from coal sales mainly contributed to the strong earnings. Its revenue surged 15.63 percent on year to USD7.81 billion in the first nine months, the company said.


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