The new company is expected to be operational in the first quarter of next year. AGE’s sales target in China is 300,000 tonnes per year. In Vietnam, AGE set up VINA AGE Co Ltd in August this year, and plans to sell 200,000 tonnes of coal per year. With overseas sales growth, AGE’s export-domestic ration has moved from 20-80 to 30-70, Panom said. “Earnings are expected to rise by 5 per cent in 2018, up from 2 per cent this year,” he said.

Source: The Nation Bangkok December 22, 2017 17:15 UTC