Yankuang Energy (01171) expects net profit to be increased by about 7.2 billion yuan year-on-year in the first half of the year

Zhitong Finance App News, Yankuang Energy (01171) issued an announcement. According to preliminary estimates by the company's finance department, it is estimated that net profit attributable to shareholders of listed companies will be about RMB 7.2 billion in the first half of 2026, an increase of about RMB 2.5 billion compared with the same period of the previous year (statutory disclosure data), an increase of about 53%; compared with the same period last year (data after retroactive adjustment), an increase of about RMB 2.4 billion, an increase of about 49% over the previous year;

Net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss is expected to be approximately RMB 4.5 billion for the first half year of 2026, an increase of about RMB 100 million compared with the same period of the previous year (statutory disclosure data), an increase of about 2% year on year; compared with the same period last year (data after retroactive adjustment), an increase of about RMB 100 million, an increase of about 2% year on year.

The Company's performance for the first half of 2026 increased compared to the same period of the previous year, mainly due to: rising prices of coal and coal chemical products during the reporting period; public listing and transfer of 100% of Inner Mongolia Xintai Coal Co., Ltd.'s shares, which generated higher investment returns; confirmation of foreign exchange hedging losses, asset impairment, and withholding tax-related litigation losses and payment of consumption tax, etc., which affected the reduction in net profit attributable to shareholders of listed companies.