In the first five months of the fire, the profits

In the first five months, the profits of China's Coal Enterprises above designated size increased nearly 90 times

it was learned from the "2017 summer national coal fair" on the 20th that the benefits of China's coal industry have improved since this year, with the effect of capacity reduction and the recovery of coal prices. From January to may, coal enterprises above Designated Size nationwide achieved a profit of 123.34 billion yuan, compared with 1.39 billion yuan in the same period last year, with a profit increase of nearly 90 times

according to Xinhua news agency, Wang Xianzheng, President of the China Coal Industry Association, said that the 90 large coal enterprises counted by the association had realized a profit of 51.39 billion yuan from a loss of 3.74 billion yuan in the same period last year. However, the profits are mainly concentrated in several large enterprises, including Shenhua, Shandong energy, Shaanxi coal and chemical industry, Inner Mongolia Yitai, and China coal energy, which achieved a profit of 77billion yuan

"although the profitability of the coal industry has improved, most enterprises are still relatively difficult, and the pressure on the operation of coal enterprises and the stability of mining areas still exists." Wang Xianzheng said that the coal industry has experienced a four-year downward period, and has started to rise since the second half of 2016. The rise time is still relatively short. The contradictions and problems accumulated before have not been fundamentally solved, and it will take some time to achieve comprehensive poverty relief and development

Wang Xianzheng said that in the first half of this year, the coal production capacity retreated, and the ultimate use of materials was considered. Great efforts were made and the effect of structural adjustment was good. However, it was only after the coal was soft. The task of resettlement of employees in carbon enterprises became heavier and heavier, the supporting funds were not in place, and there were few public welfare jobs provided by local governments; The disposal policies of assets and debts of coal mines with reduced production capacity are not clear, and most corporate loans are uniformly loaned and repaid by the group company. With the reduction of production capacity from BECT, the enterprise has reduced the cost by more than 500000 yuan. Theresa Hermel davidock of on Dickson Co. said that the number of coal mines closed has increased, the group's debt has become more and more serious, and the operational risk has increased

from the perspective of market supply and demand, China's coal production, import and consumption increased in the first half of this year. Among them, the total coal output was 1.712 billion tons, an increase of 5% year-on-year; The net import of coal was 128 million tons, an increase of 23.7%; Coal consumption was 1.9 billion tons, up 3.1%. On the whole, we have achieved a basic balance between supply and demand