LLEN, L & L Energy, Inc. ** On its second quarter of fiscal 2013, LLEN posted its fourth consecutive quarter of increased production, net income, and earnings per share. Highlights include: - 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. LLEN , through its subsidiaries, engages in the coal mining, clean coal washing, coal coking, and coal wholesale businesses in the People's Republic of China. More about LLEN at www.lnlinternational.com *************************************** Read full disclaimer at http://pennygovernance.com/disclaimer http://pennygovernance.com/18541/stock-alerts/ll-energy-llen-q2-fy2013-financial-results-4th-consecutive-quarter-of-increased-production-net-income-and-eps/
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