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31 Jan
20:17

SunCoke sees major profit growth in 2017

US coking coal producer SunCoke Energy recorded a net profit of $122.4 million in 2017, up from just $14.4m in 2016, Kallanish reports. Revenues in 2017 reached $1.33 billion, largely due to higher domestic coal prices. In 2016, SunCoke’s revenues were $1.22 billion. "In 2017, our teams delivered strong operating results, which included our successful efforts to diversify CMT's (Convent Marine Terminal) customer and product base, optimised our …
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