Yankuang Energy: Q3 profit dips, but strategic operations and bond issuance continue

Yankuang Energy Group Company Limited reported its unaudited results for the third quarter of 2025, with operating income reaching RMB104.957 bn, an 11.64% decrease from the previous year. Net profit attributable to shareholders of the listed company declined by 39.15% to RMB7.120 bn. This decrease was primarily attributed to lower coal and other main product prices compared to the same period last year. The company's total assets grew by 5.03% to RMB431.900 bn, while owners' equity attributable to shareholders decreased by 11.93% to RMB77.059 bn.

In parallel, Yankuang Energy successfully issued its 2025 second tranche of sci-tech innovation bonds on October 28, 2025, raising RMB3 bn. These bonds have a term of 2+N years, with the first coupon rate reset date on October 29, 2027.

Operational highlights include an increase in saleable coal production volume by 6.9% to 135.89m tons for the first three quarters of 2025. The company also announced an RMB0.18 per share cash dividend for the first half of 2025 and approved share repurchase plans for both A and H shares. Strategic developments include capital increases in Power Sales and the establishment of a Wind Power Company, alongside the acquisition of equity in the Moolarben coal mine.