China Shenhua Posts 1.9% Rise in Net Profit to RMB31.05 Billion for Interim Period

Stock News
08/28

China Shenhua (01088) has announced its interim results for the six months ended June 30, 2026, reporting a 1.9% year-on-year increase in profit attributable to owners of the company. The group achieved revenue of RMB189.338 billion, up 7.9% compared to the corresponding period last year, with earnings per share reaching RMB1.448. An interim dividend of RMB0.98 per share has been declared.

According to the official announcement, the company possesses high-quality coal resources across the Shendong, Jungar, Zhundong, and Xinjie mining areas. As of June 30, 2026, under Chinese standards, the group's coal resources totaled 101.08 billion tonnes, with recoverable reserves of 35.77 billion tonnes. The group also controls and operates large-capacity, high-parameter clean coal-fired power units, achieving a total installed capacity of 70,636 megawatts.

The company operates a ring-radial railway network centered on major coal production bases in western Shanxi, northern Shaanxi, and southern Inner Mongolia, as well as the Shendong-Shuozhou-Huanghua corridor for west-to-east coal transport. With the addition of the Huangda Railway, a new energy corridor along the Bohai Rim, its total railway operating mileage reaches 2,408 kilometers. Furthermore, the group manages several integrated ports and terminals, including Huanghua Port, with an aggregate loading capacity of approximately 270 million tonnes per year. It also maintains a shipping fleet of about 3.7 million deadweight tonnes and operates multiple modern coal chemical facilities, capable of producing roughly 1.88 million tonnes of coal-to-olefins and 1.08 million tonnes of coal-to-oil annually.

The group's coal mining and safety production technologies rank among the world's most advanced, while its clean coal-fired power generation, heavy-haul railway transport, and modern coal chemical technologies are at the leading level within China. During the reporting period, the company completed the acquisition of equity interests in 12 target companies held by China Energy Investment Corporation and Western Energy. This expansion has substantially increased the group's coal reserves, installed power capacity, coal chemical production scale, and shipping capacity, resulting in a notable uptick in business volumes across related segments. These developments have further consolidated the group's integrated operations, strengthened its market position, and diversified its revenue streams and earnings foundations.

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