Yankuang Energy (01171) reported operating income of RMB104.957 billion for the first three quarters of 2025, representing an 11.64% decrease year-on-year. Net profit attributable to shareholders stood at RMB7.120 billion, down 39.15% compared with the same period last year. The company’s total profit during this timeframe decreased by 38.11% to RMB13.782 billion.

The coal business contributed an operating income of RMB64.11 billion, reflecting a 21.1% drop from the same period in 2024. Total salable coal production rose by 6.94% to 135.89 million tons, while sales costs for self-produced coal averaged RMB319.29 per ton, down 4.7% year-on-year. Coal chemical products generated RMB18.526 billion in revenue, with overall sales down slightly from the same period in 2024. Additionally, the power segment’s electricity generation reached 57.15 billion KWh in the first three quarters, a 5.07% year-on-year decline, resulting in revenue of RMB1.774 billion. The company also announced adjustments to its capital structure, share repurchases, and some corporate expansions, while terminating its planned merger and acquisition of Highfield Resources Limited (HFR). The overall decline in net profit was primarily attributed to lower coal prices and related market factors.