News Column

Guanghui Energy H1 Net up 120%

August 15, 2014

SHANGHAI, August 15, SinoCast -- Guanghui Energy posts that it gained CNY 3.07 billion incomes in the first half of the year, up 28.54% year on year; it made CNY 1.23 billion net profits, up 120.2%, and achieved CNY 0.24 earnings per share.

The income growth was attributed to Jeminay LNG plant operation and sales increase of Hami coal chemical project. The company gained CNY 1.31 billion from gas sales and CNY 615 million from coal chemical product sales in the first half, up 55.45% and 73.82% year on year.

The company made CNY 791 million from coal sales, down 9.28% year on year.

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Source: Sinocast Energy Beat (China)

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