Yankuang Energy (HKEX: 01171) has issued a preliminary estimate for its financial performance in the first half of 2026.

The company expects to report a net profit attributable to shareholders of approximately RMB 7.2 billion.

This figure represents an increase of around RMB 2.5 billion, or 53%, compared to the officially disclosed data from the same period last year.

When compared to the restated figures for the prior-year period, the increase is about RMB 2.4 billion, or 49%.

Core net profit, which excludes non-recurring gains and losses, is forecast to be around RMB 4.5 billion.

This marks a modest rise of roughly RMB 100 million, or 2%, over both the officially disclosed and restated data from the first half of 2025.

Reasons for the Performance Improvement

The company attributed the stronger year-on-year results primarily to several key factors.

Higher prices for coal and coal chemical products during the reporting period led to improved operational performance.

A significant boost came from the public sale of a 100% equity stake in Inner Mongolia Xintai Coal Co., Ltd., which generated substantial investment income.

These gains were partially offset by several negative items that reduced net profit.

These included losses from foreign exchange hedging, asset impairment provisions, and the accrual of losses related to tax litigation and consumption tax payments.