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Shaanxi Coal Industry's Coal Sales Rise in May; Electricity Sales Fall

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Shaanxi Coal Industry's (SHA:601225) coal sales jumped 7.1% to 14.8 million tons in May from 13.8 million tons a year earlier, according to a Tuesday disclosure to the Shanghai bourse.

Coal output grew 5.9% year over year to 15.7 million tons from 14.9 million tons.

Total electricity sales slipped 6.4% to 2.60 billion kilowatt-hours from 2.77 billion kilowatt-hours.

Total power generation fell 6.7% to 2.76 billion kWh from 2.96 billion kWh in the prior-year period.

Shares slipped 2% during morning trading on Tuesday.

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