China's large coal enterprises' raw coal output increased from Jan.-Oct.
Time:2018-12-07 14:30:54 Source: cctdcoal.com
According to the statistics of China National coal Association and Information Department, the major economic and technical indicators of large coal enterprises nationwide rose overall.
1. Coal output and sales increased. The raw coal output of large coal enterprises directly reported by the association (the same diameter as below) reached 2.14 billion tons in the first ten months of 2018, up 84.819 million tons or 4.1% year on year. And coal sales reached 2.11 billion tons, up 100.87 million tons or 5.0% year on year.
2. Financial benefits improved. The operating income of large coal enterprises (including non-coal) was 2.85 trillion yuan in the first ten months of 2018, up 3.18% year on year. The total profit was 135.6 billion yuan, up 32.8% year on year. The net amount of accounts receivable (including non-coal) was 220.42 billion yuan, down 8.3% year on year.And the asset-liability ratio was 71.1%, down 2.77 percentage points from the same period of last year.