By Yi Wei Wong
China Coal Energy Co. (1898.HK) said its third-quarter net profit rose 42% from a year earlier due to the expansion of its coal business.
Net profit for the third quarter was 5.76 billion yuan ($815.2 million), compared with CNY4.06 billion a year earlier, the company said Monday.
Revenue rose 22% from a year ago to CNY94.24 billion, it said.
For the first nine months of 2019, China Coal Energy said its commercial coal sales rose 33% from the year-earlier period.
Write to Yi Wei Wong at email@example.com
(END) Dow Jones Newswires
October 28, 2019 05:32 ET (09:32 GMT)Copyright (c) 2019 Dow Jones & Company, Inc.