Vinacomin announces profits for first four months

Vietnam National Coal and Mineral Industries Group (Vinacomin) has announced a profit of 550 billion VND (34.4 million USD) in the first four months of this year, or 18 percent of its annual target.

Vinacomin also met its target for coal productivity, which was estimated to reach 14 million tonnes and earn a revenue of 12.3 trillion VND, contributing over 1.1 trillion VND to the State coffer.

Vinacomin’s sharp rise in coal exports was attributed to good business results and to rising demand for coal on the world market.

VNA

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