August 2 -- Taiyuan Coal Gasification (000968) reported a 44.91 percent year-on-year decrease in first half 2011 net profit to 96.37 million yuan, with earnings per share of 0.1876 yuan, down 44.9 percent year-on-year, reports p5w.net, citing a company filing.

Sales revenue fell 12.51 percent year-on-year to 1.57 billion yuan.

The company attributed the drop in sales revenue and net profit to the lower sales of coking coal and refined coal in the first six months.

Source:CapitalVue