Goldman Sachs maintained the purchase rating of Mengjiao Coal Company (0975.HK) and raised its target price by 16% to HK$8.5; indicating that its performance last year was better than expected, and its performance was better than expected, mainly driven by higher-than-expected sales growth. It is expected that the profit margin before interest, tax, depreciation, and amortization will expand markedly this year, and earnings per share will increase by 88% in the 2011-13 period.