Last year the Company sold a total of 4.7 million tonnes of coal products.

During the reporting period the average price of one tonne of washed coking coal delivered directly to end users in China rose by around 10 per cent on the previous year to $170.1. Over the same period, the average price of washed coking coal sold by the Company on Gantsmod border crossing terms was $135.6.

As a result, Energy Resources’ sales revenue reached $591 million, an increase of 24 per cent compared with the 2017 financial statements. The Company’s total profit was recorded at $230 million, or more than ₮605 billion at the current exchange rate. Net profit was $83 million, which — excluding the financial gain from the debt restructuring in 2017 — is an increase of 72.5 per cent on the previous year.