Shenhua Energy says preliminary 2010 net profit up 23 pct
A miner shovels coal at a coal storage site in Hefei, Anhui province November 17, 2009. China, the world's top emitter of greenhouse gases, is aiming for many more years of rapid growth fuelled by coal as its main energy source. Picture taken November 17, 2009. REUTERS

China Shenhua Energy Co Ltd, the world's most valuable coal producer, posted a preliminary 22.8 percent gain in net profit for 2010, it said on Tuesday.

In a statement to the Hong Kong stock exchange, Shenhua said preliminary 2010 net profit rose to 37.19 billion yuan ($5.6 billion) on a 25.3 percent rise in revenue to 152 billion yuan.

China China Energy