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Yankuang Energy Sees Higher Coal Production, Sales

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Yankuang Energy (SHA:600188, HKG:1171) logged second-quarter commercial coal production of 46.5 million tonnes, up 2.1% from 45.5 million tonnes the previous year.

Commercial coal sales grew 6.3% year over year to 44.6 million tonnes, from 42.0 million tonnes, with self-produced coal sales up 5.7%.

In the coal chemical segment, ethylene glycol sales surged 45% to 129,900 tonnes, acetic acid sales jumped 27% to 223,900 tonnes and methanol sales edged up 4.4% to 1.2 million tonnes.

Shares of the company were up 1% in recent trade on the Shenzhen and Hong Kong bourses.

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