In July-December 2018, Coal Energy S. A. decreased net losses by 15.1% YoY, to $7.31 million.
Income grew by 32.2%, to $6.96 million and EBITDA – by 55.1%, to $1.22 million.
Coal mining increased by 27.8%, to 70.3 thousand tons, including 68.3 thousand tons of coking coal, up by 39.7%.
Sales growth was 19.5%, to 79 thousand tons, including 67.5 thousand tons of coking coal, up by 18.2%.
The company debt amounted to $69.94 million, including $35 million to EBRD, to which 14.99% of the shares were pledged. (Ukrainian metal)