Chinese coal miners post strong profits for 2021 on surging coal prices, announce large dividend payouts
Chinese coal miners post strong profits for 2021 on surging coal prices, announce large dividend payouts

Chinese coal miners post strong profits for 2021 on surging coal prices, announce large dividend payouts

 

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Global prices of energy products including coal surged in 2021 amid economic recovery and strengthening demand, sending coal miners' profits soaring.

Chinese coal mining and coal washing companies made a profit of 702.3 billion yuan in 2021, jumping 212.7% from the previous year, while their revenue reached 3.29 trillion yuan, increasing 58.3% on year, according to data released by the National Bureau of Statistics (NBS).

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