Yunnan Coal & Energy Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 06:24 am EDT
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Yunnan Coal & Energy Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 1,837.15 million compared to CNY 1,365.09 million a year ago. Revenue was CNY 1,837.15 million compared to CNY 1,365.09 million a year ago. Net loss was CNY 50.01 million compared to net income of CNY 51.44 million a year ago. Basic loss per share from continuing operations was CNY 0.05 compared to basic earnings per share from continuing operations of CNY 0.052 a year ago. Diluted loss per share from continuing operations was CNY 0.05 compared to diluted earnings per share from continuing operations of CNY 0.052 a year ago.
Yunnan Coal & Energy Co Ltd is a China-based company mainly engaged in the coal coking business. The Company's business mainly covers the coal coking sector and heavy machinery sector. The coal coking business mainly includes the production and sales of coke and related chemical products. The main product is metallurgical coke, and the by-products include coal gas, crude benzene, tar, methanol, ammonium sulfate, sulfur and other products. The heavy machinery sector mainly includes lifting and transportation machinery, mining and metallurgical equipment manufacturing, maintenance and inspection services, and wear-resistant materials. The Company mainly conducts its businesses in the domestic market.
YUNNAN COAL & ENERGY CO.,LTD. 
