Pingdingshan Coal Group’s sales revenue tops RMB20b
News Archive - Coal & Electric Power - Dec News

(Coals.cc, Dec 30, 2006) As of Dec. 25, 2006, Pingdingshan Coal Group generated more than 20.84 billion yuan of sales revenue, an increase of 4.817 billion yuan compared with the same period of 2005, contributed by 9.597 billion yuan from the coal preparation business and 11.245 billion yuan from non-coal businesses.

As one of China’s important coal production base, Pingdingshan Coal Group’s coal reserves have reached more than 15 billion metric tons. In 2004, the domestic coal giant generated 10 billion yuan of sales revenue. The figures top 15 billion in 2005. The company aims to become the largest energy chemical industry base in Henan Province. In 2006 its output value generated by non-coal energy chemical business topped 5 billion yuan.
source:Coals.cc
Drawn from Chinese language press