(EnergyAsia, September 13 2010, Monday) — China-based coking coal producer Puda Coal posted a five-fold increase in its second quarter net profit to US$8.7 million on the back of higher commodity prices, increased sales volume and extraordinary gains. The company, which supplies high grade metallurgical coking coal to produce coke for steel manufacturing in China,…
CHINA: Puda Coal posts five-fold increase in 2Q net profit
Posted on September 12, 2010 by EnergyAsia