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Thanks to the growth of investment in railway construction, China Railway Construction Corporation (SHSE: 601186) raked in CNY 1.45 billion net profit attributable to shareholders in July-September period and CNY 3.68 billion net profit in January-September period, leaping 69 percent and 54 percent year on year respectively.
The company newly secured CNY 132.25 billion contracts in the third quarter, and the figure swelled by 68.53 percent from a year ago.
China Shenhua Energy Company (SHSE: 601088) reaped CNY 8.744 billion net profit last quarter, up 12.2 percent over a year earlier, raising total net profit earned for the first nine months to CNY 24.72 billion.
The energy firm pulled in CNY 88.15 billion operating revenue for January-September period, expanding 13.7 percent over the prior year, due to stable demand for coal.
Source: www.cnstock.com (October 28, 2009)
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