YANKUANG ENERGY (01171) surged more than 5%, reaching HK$11.22 by the time of writing, with a trading volume of HK$292 million. The company recently announced that its commercial coal output for Q3 2025 reached 46.03 million tons, up 4.92% year-on-year, while sales volume rose 10.08% YoY to 45.82 million tons. Self-produced coal sales increased 12.21% YoY to 44.19 million tons.

For the first three quarters of 2025, commercial coal output totaled 135.89 million tons, a 6.90% YoY increase, with sales volume up 2.43% YoY to 126.24 million tons. Self-produced coal sales grew 4.50% YoY to 122.13 million tons.

Financially, YANKUANG ENERGY reported revenue of RMB104.957 billion for the first three quarters, down RMB13.83 billion (11.64% YoY), while net profit attributable to shareholders fell 39.15% YoY to RMB7.12 billion. Basic earnings per share stood at RMB0.71.

Notably, Northwest Mining contributed 25.07 million tons of commercial coal output in the first three quarters, up 3.82 million tons YoY. Annualized, the consolidation of Northwest Mining is expected to add over 30 million tons of coal production. This move supports the company's goal of achieving 300 million tons of coal production capacity, further strengthening its competitive edge in the coal sector.