Shenhua slashes investment budget as net drops

China Shenhua Energy, the listed unit of the mainland's largest coal producer, Shenhua Group, has cut its capital investment budget by 19 per cent after posting a 21.6 per cent year-on-year drop in third-quarter net profit.

via Business feed http://www.scmp.com/business/commodities/article/1340033/shenhua-slashes-investment-budget-net-drops