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China Shenhua Energy's coal output up 12.2% in Mar

Apr. 16, 2012 (China Knowledge) - China Shenhua Energy Co Ltd<601088><1088>, the country's largest coal producer, produced 27.6 million tons of commercial coal last month, reflecting a year-on-year increase of 12.2%.

In a statement filed with the Shanghai Stock Exchange, the company said its commercial coal sales for March increased 20.6% year on year from 34.9 million tons to 42.1 million tons.

In the first quarter of 2012, the company's commercial coal output totaled 79.1 million tons, up 12.4% year on year from 70.4 million tons. Total sales increased by 16% from a yea earlier to 108.3 million tons.

The Chinese coal giant generated 17,500 gigawatt hours and sold 16,320 GWh of electricity last month, reflecting a year-on-year increase of 17.7% and 16.9%, respectively.

For the three months ended Mar. 31, 2012, the company's electricity output soared 19.8% from a year earlier to 47,040 GWh, while its electricity sales totaled 43,850 GWh, up 19.6% year on year.






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