Hong Kong Stock Movement | YANKUANG ENERGY (01171) Surges Over 4% on Proposed HK$1.8 Billion Interim Dividend and Share Repurchase Plan

Stock News
Sep 01

YANKUANG ENERGY (01171) surged over 4%, rising 4.09% to HK$9.42 with trading volume of HK$195 million as of press time.

On the news front, YANKUANG ENERGY released its 2025 interim results, reporting sales revenue of RMB 53.966 billion, down 13.17% year-on-year, while shareholders' attributable profit reached RMB 4.731 billion, declining 38.7% compared to the same period last year. For the first half of the year, the company's board proposed an interim dividend of RMB 0.18 per share (before tax), totaling RMB 1.8 billion in dividends.

Additionally, the company plans to allocate RMB 50-100 million for A-share repurchases and RMB 150-400 million for H-share repurchases. The controlling shareholder has also committed to "no reduction in holdings and timely increases when appropriate."

The announcement highlighted that during the first half of this year, the acquisition of Northwest Mining added 6.352 billion tons of coal resources and increased recoverable reserves by 3.652 billion tons. The company's coal production covers various grades including thermal coal, pulverized coal injection coal, and coking coal, fully meeting diverse market demands.

Minsheng Securities noted that with Northwest Mining's consolidation expected in Q3 2025, combined with anticipated coal price recovery in the second half, the company's performance is expected to improve.

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