China Shenhua rises 3% coal production to boost revenue predictability

China Shenhua H shares opened 3.16% to HK $27.75 this morning, with a 885,000-share deal before the sale, and China Shenhua A shares (601088-CN) are also up 2.38% to 33.98 yuan, boosted by good sales and marketing data. The company disclosed the latest month's operating data showing that its commodity coal production in June grew 21.2% to 18.3 million tonnes from a year earlier, better than the 19% increase in May, while coal sales rose 16.8% to 22.2 million tonnes in the same month, better than May's 11.2%.　　Stable high-speed growth situation or continue to enhance China Shenhua coal business revenue predictable forecast. China's Shenhua operation data also showed that its first-half commodity coal production rose by 17.6% to 106 million tonnes a year, much higher than the company's management expected 6% per cent increase, or triggered a rise in market expectations for its full-year production. Coal sales on a year-on-year increase of 7% to 123 million tons, the total generating capacity of 43.49 billion kwh, year-on-year decline of 8.2%; Total sales of 40.34 billion kwh, year-on-year decline of 8.7%.