NBS: China's coal mining, washing industry profits leap 57% in Jan-Sept

China's coal mining and washing industry earned Yuan 353.04 billion ($52.9 billion) in profits during January-September, up 57% on year, the National Bureau of Statistics (NBS) said on October 27.

The gain has accelerated since mid-year, from 41.1% in the first half to 50.4% in January-July, 51.6% in January-August and 57% now, the NBS data showed. Revenue reached Yuan 2,102.81 billion, up 11.9%, while operating costs rose 4.8% to Yuan 1,429.66 billion. Behind the roaring profit expansion was mainly the