Yes, it looks like they are profitable, however the company is still blessed with so much sovereign risk and are highly reliant on a stronger coal price.
A lower average coal price of say ~55, which is what the sept-17 quarter looked like, may near have bankrupted them.
If coal prices stay at or above the current levels and the government leaves it alone, this stock could be a really exciting story this year.
Profitability, page-2
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