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Gloucester Coal boosts profit

  •  27 August 2008
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GLOUCESTER Coal has boosted its annual profit by 30% and is confident the year ahead will continue to deliver.

Gloucester recently completed coking coal price negotiations with key Japanese customers.

It says this places the company in a good position for further expansion.

Chief executive, Rob Lord, says high coal demand expects to produce further increases to revenue and profitability in coming years.

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