Major Chinese coal mining and washing company Shanxi Coking Coal Energy Group Co., Ltd has issued its financial report for the January-March period this year, stating that it registered an operating revenue of RMB 14.752 billion ($2.13 billion), down 5.4 percent year on year, and a net profit of RMB 2.47 billion ($0.36 billion), down 11.1 percent year on year.
Meanwhile, Shanxi Coking Coal also issued its financial report for 2022, announcing an operating revenue of RMB 65.183 billion ($9.4 billion) for the year, up 20.33 percent year on year, and a net profit of RMB 10.72 billion ($1.55 billion), up 110.17 percent year on year.
In 2023, Shanxi Coking Coal plans to produce 42.05 million mt of coal, 18.5 million mt of coking coal and 3.7 million mt of coke.