Datong Coal Industry Co, China's second-biggest producer of the fuel by capacity, said yesterday that it more than tripled first-half profit on record prices and higher demand. It said its net income climbed to 741.9 million yuan (US$109 million), or 0.89 yuan a share, from 244.4 million yuan, or 0.29 yuan a share, posted a year earlier, in a statement to Shanghai Stock Exchange.
(Shanghai Daily August 25, 2008)
