• Sat
  • Nov 1, 2014
  • Updated: 5:36pm

Yanzhou Coal

Yanzhou Coal Mining Company is a Chinese company that mainly produces low-sulphur coal. It is the only Chinese coal miner to have a listing in Hong Kong, Shanghai and New York. Its subsidiaries include Austar Coal Mine, Heze, and Yancoal Australia.

Miners' shares hit after blast kills 28

Shares of coal miners fell yesterday after China ordered the suspension of production at coal mines in the southwestern province of Sichuan following a mine explosion that killed at least 28 workers.

Tuesday, 14 May, 2013, 3:32am

China may scrap government-set coal contracts, paper says

China may reduce the government’s role in the thermal coal market by canceling state-directed term contracts signed annually between producers and buyers, Shanghai Securities News said today.

26 Nov 2012 - 11:48am

Yanzhou Coal bullish on first-half results

Yanzhou Coal Mining expects first-half net profit to soar more than 80 per cent from 2.72 billion yuan (HK$3.23 billion) in the first six months of last year. First-quarter net profit rose 17.9 per cent to 2.48 billion yuan on a 15.9 per cent rise in sales and an 18 per cent jump in average selling price. Production cost per tonne of sales grew 15.4 per cent.

27 Apr 2011 - 12:00am

Yanzhou Coal profit up despite flat production

Yanzhou Coal Mining, the listed unit of the mainland's fourth-largest coal producer, reported a 20.2 per cent rise in first-quarter net profit on the back of higher sales and prices even as production remained flat.

The Yankuang Group subsidiary's net profit amounted to 700.66 million yuan in the first three months, up from 582.64 million yuan a year ago.

28 Apr 2007 - 12:00am

Yanzhou Coal expects boost from higher prices

Yanzhou Coal Mining, a listed unit of the mainland's fourth-largest coal producer, expects profit to rebound this year after two consecutive years of decline, on the back of expected higher coal prices and sales volume.

24 Apr 2007 - 12:00am

Relocations and raises put squeeze on Yanzhou

Costs soar as analysts attribute profit growth almost solely to coal price surge

Yanzhou Coal Mining will miss its sales targets this year as the relocation of villagers near new mining sites has proved more problematic than expected, according to chief financial officer Wu Yuxiang.

23 Aug 2005 - 12:00am

Yanzhou Coal seeks acquisitions

Yanzhou Coal Mining Company will seek acquisition opportunities in the second half, after reporting a 53.9 per cent year-on-year growth in net profit to 1.88 billion yuan for the first six months.

Chairman Wang Xin revealed the company's intention to expand by acquisition in its interim results announcement yesterday.

22 Aug 2005 - 12:00am

Results diary

August 20 Interim: Beijing Yanhua, Chongqing Iron, E2-Capital , Jiangsu Express, PICC P&C, Shenzhen Hi-Tec, Truly Int'l, Yanzhou Coal, Zhenhai Refin 2nd Interim: China Motor Bus.

August 23 Interim: CHALCO, Datang Power, Polytec Asset, Shenyang Public, Tian An, Zijin Mining. Final: E&E Int'l, Simsen Int'l, Temfat Hingfung.

20 Aug 2004 - 12:00am

Yanzhou Coal

With reference to last Saturday's Business Post article Japan exposure expected to hurt Yanzhou Coal, the fiscal 2002 profits should have read 1.035 billion yuan, not 1.035 million yuan. And the earnings forecast were revised down 12 per cent from original expectations, instead of expecting a 12 per cent drop in next year's earnings.

8 Oct 2001 - 12:00am

Price rises fuel Yanzhou prospects

H share Yanzhou Coal Mining is upbeat about this year's performance on the back of a rise in coal prices and expanded production volume after last year's slowdown.

26 Mar 2001 - 12:00am