Vladimír Urbánek (Kurzy.cz)
Czech markets  |  June 13, 2011 15:14:12

OKD profit last year exceeded six billion crowns


Mining company OKD last year, the net profit to 6.32 billion crowns. The year before the company reported a profit of CZK 1.5 billion. Proceeds from the sale of OKD coal in the context of rising prices on world markets rose by 25 percent to 33.18 billion crowns. At a press conference about today informed the management company.

Total OKD in 2010 extracted 11.2 million tons of coal, which was about 600,000 tons more than the year before. Nearly half of last year's production was intended for the Czech market, went further deliveries to Slovakia, Austria and Poland.

Last year the company OKD sold about six million tons of coking coal and approximately 5.5 million tons of thermal coal. This year the company expects mining of around 11.3 million tons of coal.

Full article can be found on the server Financninoviny.cz,namely HERE

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