Coal consumption has flourished

Wednesday, Jul 04 2018, 15:39

QTV - Unlike the sluggish coal consumption over the same period last year, in the first six months of 2018, Vietnam Coal and Mineral Industries Group (VINACOMIN) ‘s coal consumption saw a high increase.

Coal exploitation at Vang Danh Coal Company

As of the end of the 2nd Quarter, VINACOMIN produced 20.5 mil tons, achieving 58% of its year plan, equal to 103% over the same period. The group sold 21.8 mil.tons, achieving 61% of its year plan, a 20% increase over the same period last year. Coal inventory decreased by 3 million tons compared to the beginning of the year. VINACOMIN contributed over 6.3 tril.VND to the state budget. The average income of laborers was over 10 mil. VND / month, up 12% over the same period. On the basis of the positive results in the production and business in the first 6 months, VINACOMIN has increased coal production and consumption in the last 6 months of 2018 to 2 million tons compared to its plan, 36.4 mil. tons and 38 mil. tons respectively, striving to achieve the profit of 3 tril.VND.
Translated by Thu Giang