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China Shenhua's coal output up 2.1% in Oct

Nov. 16, 2012 (China Knowledge) - China Shenhua Energy Co Ltd<601088><1088>, the country's largest coal producer, has said it produced 23.9 million metric tons of commercial coal in October, reflecting a YoY increase of 2.1%.
Last month, the coal company sold 40.7 million tons of coal, 30.9% more than that in the same period of 2011. Of the total sales, 100,000 tons were exported, down 80% compared to October 2011.

Meanwhile, China Shenhua Energy said its electricity output increased 2.5% YoY to 16.23 terawatt hours (TWh) in October, and its electricity sales rose 2.2% YoY to 15.05 TWhs.

In the first ten months, the company's coal output rose 9.2% YoY to 254.8 million metric tons, while its coal sales for the ten-month period grew 16.7% YoY to 370.6 million metric tons.

From January to October, the Shanghai and Hong Kong listed company saw its electricity output amount to 171.86 TWhs, up 9.4% from a year earlier, and its electricity sales rose 9.1% YoY to 159.85 TWhs.

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