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Arch Coal Inc. Message Board

  • financialanalysis1991 financialanalysis1991 Aug 9, 2012 1:56 PM Flag

    LLEN is profitable!

    FY11 revenues increased by 105.0% year-over-year to $223.9 million in, up from $109.2 million in the FY10.
    FY11 net income attributable to L&L increased by 11.8% year-over-year to $36.8 million, up from $32.9 million in FY10.
    China is the world’s largest producer and consumer of coal. 70% of China’s energy production comes from coal.
    Board of Directors includes former U.S. Secretary of Commerce and Secretary of Transportation Norman Mineta and former Deloitte Managing Partner Andrew Leitch.
    Recent senior management additions include VP Corporate Infrastructure Edmund Moy (former Director of the U.S. Mint) and CFO Ian Robinson (former partner Ernst & Young).

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