BUZZ-Yancoal's Hong Kong shares drop most in over 10 months on annual profit slump
Reuters
Yesterday
BUZZ-Yancoal's Hong Kong shares drop most in over 10 months on annual profit slump
** Hong Kong-listed shares of Yancoal Australia3668.HK drop 10.2% to HK$30.3, their biggest intraday pct decline since April 7, 2025
** Stock hits its lowest level since January 27, and on course to snap two sessions of gains; top pct loser in Hang Seng Composite Index tracking energy shares .HSCIE, which falls 1.8%
** Australia-listed stock YAL.AX plunges 9.3%
** Australia-based coal miner posts a 64% y/y drop in 2025 net profit to A$440 million ($313.15 million), with revenue down 13% y/y to A$5.95 billion
** YTD, Hong Kong stock up 21.9%, Australia shares up 120.6%, benchmark Hang Seng Index .HSI up 4%
(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))
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