China's state-run Longmay Mining Group Co., Ltd posted a 61% year-on-year surge to 850 million yuan in profit during the first quarter.
The company bagged in 10.6 billion yuan in revenue in the given period, up 10% year on year.
The company washed 598,000 tonnes of raw coal and produced 386,000 tonnes of washed coal during the first quarter, both meeting the targets.
Longmay Mining achieved 21.98 GWh of on-grid gas-generated electricity and 6.2 GWh for PV power generation, both exceeding the planned tasks.
The company's Shuangyashan 200MW centralized wind power project is under construction, and the Hegang and Qitaihe photovoltaic projects are expected to start construction.
(Writing by Emma Yang Editing by Harry Huo)
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