Shenhua Energy Net Rises on Demands.

(From SinoCast China Financial Watch)

BEIJING, August 29, SinoCast -- China's biggest coal maker in the first six months ended on June 30 saw the net profits rise up to 10.4 percent from a year ago to CNY 8.6 billion, boding a bullish performance for the entire 2006. In the period, China Shenhua Energy Co. (1088.HK) had up to CNY 29.5 billion in revenues, up 20.5 percent year on year. The return on investment capital jumped to 8.3 percent from 7.6 percent. The coal output climbed 11 percent and the sales volume gained 18.5 percent. State-backed Shenhua also has tapped into the power generating market in an attempt to broaden its sales channel. It in the first half of …