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24 Oct
09:21

Shanxi Coking reports earnings decline for third quarter

Shanxi Coking Company has seen production and sales of most products, including coke, fall in the third quarter, leading to a decrease in quarterly income and profit compared with a year earlier, Kallanish notes. The company’s coke production reached 726,186 tonnes in Q3, up 4.58% over Q2 but down 14.6% year-on-year. Sales, meanwhile, were 723,878t with an average price of CNY 1,932/tonne ($265/t) excluding tax. Both numbers fell around 15.5% from the y…
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