The Jastrzębska Spółka Węglowa Group closed H1 2019 with a net profit of PLN 547.5 million. Coal and coke production stood at 7 million tons and 1.7 million tons, respectively. In Q2 2019, the prices of hard coking coal remained on stable level above 200 USD/t. June saw price drops which, however, did not affect the Company’s key investments, which increased 82 percent compared to H1 of the previous year.
The Management Board of Jastrzębska Spółka Węglowa S.A. has the pleasure of inviting you to watch the Internet broadcast of the financial results of the JSW Capital Group for the H1 2019 which will take place on August 23, 2019 (Friday) at 12:00 p.m.
At the turn of July and August, in Jastrzębska Spółka Węglowa’s mines, four new longwalls were launched, providing access to 2.6 million tons of high quality coking coal. The launch of the longwalls will significantly contribute to an increase in the mining production of the entire JSW.
Publishing the online annual report summarizing 2018, Jastrzębska Spółka Węglowa has joined the elite club of companies presenting their results in an integrated manner. This is the Group’s response to the increasing needs of its stakeholders who, to fully understand the directions of JSW’s development, require information that exceeds the traditional set of operating and financial ratios.