Hidili (HKG:1393) Q4 coal sales up 65%, coke sales down 51%


Announcing its major operation data for the fourth quarter ended 31 December 2011, Hidili Industry International Development (HKG:1393) said it sold 646,000 tonnes of clean coal - up 65% on year, and achieved an average selling price of RMB1,312/tonne - up 1% on year.

The company also sold 51,000 tonnes of coke - a reduction of 51% on year, and had an average selling price of RMB1,580/tonne for the business - up 10% on year.

As at 31 December 2011, the group owned 30 coal mines (including 29 mining rights and 1 exploration right) in Guizhou Province and Yunnan Province.



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