[ET Net News Agency, 20 July 2018] China Coal Energy (01898) said it expects its profit
attributable to the equity holders of the company for the six months ended 30 June 2018 to
range from RMB3.15 billion to RMB3.5 billion, representing a year-on-year increase of 38%
to 54%.
The expected increase in profit is due to the fact that the company has seized the
opportunity and expanded its market share, furthered its reform, innovation and potential
exploration, reduced leverage and strengthened cost control, scientifically arranged
production and sales, so that the asset operational efficiency and management have been
refined significantly. (SC)