Nui Beo Coal JSC estimates gaining H1 revenue of 1.029tr dong

Nui Beo Coal Joint Stock Co (coded NBC) announced to reach over 1.029 trillion dong of accumulative revenue in the first six months of 2010, fulfilling 52 percent of the year plan.

The average clean coal price in the first half of 2010 was estimated at 407,650 dong per tonne, while the June coal price of 398,752 dong per tonne. Therefore, in comparison with the average coal price in the first five months of this year, the coal price in June declined by 17,000 dong per tonne.

In June, NBC has reported selling 453,000 tonnes of coal, raising the total consumption volume in first six months of 2.631 million tonnes, equal to 52 percent of the year plan.

In July, the company has set target of reaching total coal sales of 382,000 tonnes, down 71.23 tonnes against the previous month. As the result, the expected revenue in July will drop considerably from 179.19 billion dong to 152.22 billion dong.

Tags: Nui Beo Coal, vietnam stock, Vietnam stock market

Posted by VBN on Jul 14 2010. Filed under Mining & Metal, Stock. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry