LLEN $2.07 production increased 93% a must see play --see charts
SEATTLE, Dec. 10, 2012 /PRNewswire/ -- L & L Energy, Inc. (NASDAQ: "LLEN") ("L&L" or "Company"), a Seattle-based company with a track record of profitable coal operations in China, announced its financial results for its second quarter of fiscal 2013.
Second Quarter Highlights:
Coal mining production increased 93% year over year to 185,000 tons in the second quarter of fiscal 2013 from 96,000 in the same quarter last year. Quarter over quarter production increased 24% from 149,000 tons in the first quarter. Revenues increased 27% year-over-year to $54.9 million in the second quarter of fiscal 2013. On a quarter over quarter basis, revenues increased 21% from $45.3 million last quarter. Net income attributable to L&L increased 104% year-over-year to $7.7 million for the second quarter of fiscal 2013 and increased quarter over quarter 24% from $6.2 million last quarter. Earnings per share for the quarter was $0.21, an increase of 90% when compared to the same period last year and an increase of 24% quarter over quarter. Trailing Four Quarter Highlights:
Mining Production Net Income Attributable to L&L Earnings Per Share