JSW coal production drops in Q2

WSE-listed coal producer JSW had an 11.5 percent y/y decline in coal production to 3.78 million tons in Q2, while sales were down by 12.6 percent and reached 3.61 million metric tons, the company said in a market filing. The drop was due to the transfer of Krupiński and Ruch Jas-Mos mines to the state restructuring vehicle SRK. The Q2 results adjusted for the transfer were up in annual terms by some 11 percent.