Shares of Indo Tambangraya Megah (ITMG) closed higher by 2.2% Wednesday (August 13) as investors responded positively the company’s first half 2014 performance, where it posted net profit of US$148 million, jumped 40.4% from the corresponding period of 2013. In this report: Worsening performance of Geo Energy Resources and China Coal Energy’s production plan.
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