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…
Coal Energy S.A. in July mined 10.536 thousand tons of coal. This was down by 1.8% YoY and by 13.3% MoM. Coal Energy unites 10 coalmines, as well as other assets. The company business suffered considerably because of the military activities in Donbass. (Ukrainian metal)
In September Coal Energy S. A. (Luxembourg) with assets in Ukraine decreased coal output by 77.8%, or by 33.779 thousand tons YoY, to 9.628 thousand tons. At the same time output dropped by 6.9% MoM, or by 716 tons. Coal Energy has 10 coalmines, as well as processing assets. The company business has been seriously…
In April Coal Energy S.A. decreased coal output by 66.4% (by 15.3 thousand tons) YoY, to 7.7 thousand tons. According to the company statement, output went up 3.8-fold MoM, or by 5.7 thousand tons. Coal Energy unites 10 coalmines. It supplied coal to thermal power plants, coke and cement works. It also exported to Bulgaria,…
Coal Energy S.A. (Luxembourg) with assets in Ukraine in January reduced coal production by 28.6% (by 11,633 tons) as compared to the same period of 2016, to 29,035 tons, the press service of the company has said. Compared with December 2016 the fall was even more significant – 43.7% (by 22,502 tons). Coal Energy includes…
Coal Energy S.A. board of directors decided to sell its Donbassuglerazrabotka (Vasily Veliky mine, Donetsk) to minimize losses. “To bring the mine to the profitable level will require too much investments, while ours are highly limited”, said the company in its statement. Coal Energy unites 10 coalmines and processing units. In July 2015 – June…
In March Coal Energy S. A., owner of a number of assets in Ukraine, produced 25.63 thousand tons of coal, up 3.3 times YoY, or by 17.96 thousand tons.
In January Coal Energy S. A. produced 40.66 thousand tons of coal, up 3.2 times, or by 28.12 thousand tons YoY.