Vinacomin subsidiaries have released some positive results for 2Q15, reports the Vietnamese state-owned coal mining company.
Vinacomin DeoNai Coal JSC reported a VND892.5 million (US$41 000) profit in the three months to June, compared to a VND18.9 billion (US$866 000) last in the same period last year.
Cao Son Coal
Vinacomin Cao Son Coal JSC reported a profit of VND21 billion (US$962 000), compared to a VND50 billion (US$2. million) loss last year.
Cua Ong Coal Selection Co.
Coal processing company, Cua Ong Coal Selection Co. achieved 50% of its target output of 2.7 million t in 1H15, earning revenues of VND7594 billion (US$348 million).
Written by Jonathan Rowland.
Read the article online at: https://www.worldcoal.com/mining/27072015/vietnamese-coal-companies-announce-positive-results-2636/