Yunnan Coal & Energy Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 27, 2021 at 04:59 am EDT
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Yunnan Coal & Energy Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 4,364.24 million compared to CNY 3,406.19 million a year ago. Revenue was CNY 4,364.24 million compared to CNY 3,406.19 million a year ago. Net income was CNY 125.49 million compared to CNY 12.23 million a year ago. Basic earnings per share from continuing operations was CNY 0.13 compared to CNY 0.01 a year ago. Diluted earnings per share from continuing operations was CNY 0.13 compared to CNY 0.01 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.