sector: Energy ·
industry: Coal ·
As of
9:59am IST
15.78HKD
Yanzhou Coal Mining Company Limited (Yanzhou Coal) is principally engaged in underground coal mining, preparation and processing, sales, and railway transportation of coal. The Company is organized into three operating divisions: coal mining, coal railway transportation and methanol and electricity power. The Coal mining segment is engaged in the underground mining, preparation and sales of coal. The Coal railway transportation segment is engaged in the provision of railway transportation services. The Methanol and electricity power segment is engaged in the production and sales of methanol and electricity power. The Company operates six coal mines: Xinglongzhuang coal mine, Baodian coal mine, Nantun coal mine, Dongtan coal mine, Jining II coal mine (Jining II) and Jining III coal mine (Jining III), as well as a regional rail network that links these mines with the national rail network. The Company’s parent and ultimate holding company is Yankuang Group Corporation Limited.
BRIEF: For the nine months ended 30 September 2009, Yanzhou Coal Mining Company Limited's revenues decreased 26% to RMB15.34B. The Company's net income fell 55% to RMB3.03B. Revenues reflect lower sales volume due to weak market demand and decreased selling price. Net income for the period also suffered from declined gross profit margin and increased impairment loss, as well as largely decreased non-operating income.
Yanzhou Coal Mining Company Limited
298 South Fushan Road
Zoucheng SDG 273500
P: +86537.5382319
F: +86537.5383311