Coal Energy decreases coal production in May

Coal Energy decreases coal production in May



18 червня 2013 года
Конкорд Капитал

Coal Energy (CLE)


Coal Energy mined 52.8 kt of thermal coal in May (-20% m-o-m, -60% yoy) and extracted 12.9 kt of coking coal (-18% m-o-m, -48% yoy). Coal production from waste reprocessing grew 24.5% m-o-m, but fell 51.1% yoy to 9.8 kt.



Roman Topolyuk: Coal Energy’s operating performance falls in line with adverse sector trends in both coal sub-segments: electricity production by thermal power plants decreased 10% yoy in 5M13, while coke output plunged 9.6% yoy. Market conditions are continuing to deteriorate, thus we expect to see a further decline in coal production by Coal Energy in June-August.

Источник: Конкорд Капитал

Аналитик: Роман Тополюк
Другие обзоры по компаниям и отраслям от Конкорд Капитал


Компании

все компании