China Qinfa Group Limited announced a positive profit alert for the six months ended 30 June 2026, projecting profit after taxation of no more than RMB290 million, versus RMB31 million in the same period of 2025.

Management attributed the expected improvement to five main factors:

1. Average coal selling prices rose year on year, lifting revenue per tonne.

2. Raw coal output from continuing operations increased to 4.14 million tonnes from 2.05 million tonnes in 1H25.

3. Washed coal production climbed to 2.14 million tonnes, compared with 1.24 million tonnes a year earlier.

4. Foreign-exchange losses narrowed by RMB16 million, reflecting a smaller currency impact (RMB55 million in 1H26 versus RMB71 million in 1H25) due to depreciation of the Indonesian rupiah against the renminbi and the US dollar.

5. A RMB165 million gain arising from changes in provisions further supported earnings.

The figures are based on unaudited management accounts; the interim results are scheduled for release by end-August 2026. Shareholders and potential investors are advised to exercise caution when dealing in the company’s securities until the finalised results are published.