TECO Coal nearly tripled Q3 profit on 50 percent higher sales price

摘要

TECO Coal nearly tripled in third-quarter profit, reporting net income of 34.6 million dollars on total sales of 2.3 million tons, compared to 12.5 million dollars during the same period in 2004 on 2.3 million tons. Synfuel sales, which are included in the total sales, were 1.6 million tons in both the 2005 and 2004 periods. Compared to the same period in 2004, results reflect a 50 percent higher average net selling price per ton and a 13 percent increase in the average cash cost of sales, excluding synfuel costs.