Net profit of Kailuan in the first three quarters increased by 2.04%

According to the quarterly report released on the evening of October 29, in the first three quarters of 2019, the company achieved operating revenue of 15.728 billion yuan, an increase of 1.8% year on year; net profit of 1.011 billion yuan, an increase of 2.04% year on year; and earnings per share of 0.64 yuan. According to the announcement, two coke ovens in the first phase of the coking project of Chengde zhongluan company, a subsidiary of the company, will be shut down before October 31, 2019 under the notice of Chengde Municipal government; however, since the third quarter of this year, the price of coke products has fluctuated and decreased. The shut down of coke ovens is expected to have little impact on the company's operating performance this year. In the first three quarters of 2019, the company produced 5.2342 million tons of raw coal, 2.2349 million tons of clean coal, 1.2834 million tons of clean coal for the external market; 5.4594 million tons of coke, 5.4875 million tons of coke for the external market; 159800 tons of methanol, 128100 tons of methanol for the external market; 141600 tons of pure benzene, 538 tons of pure benzene for the external market; 114100 tons of adipic acid , 114200 tons of adipic acid, 28500 tons of POM and 28200 tons of POM are sold in the external market.