Xinji Energy's Q1 net profit drops 11% amid revenue decline

China Coal Xinji Energy (SSE:601918) announced a decrease in net profit attributable to shareholders for the first quarter of 2025, falling 11.01% to CNY531.83 million, compared to CNY597.63 million in the same period last year. The decline in profitability was influenced by a 4.85% decrease in operating revenue, which amounted to CNY2.91 billion versus CNY3.06 billion in the first quarter of 2024. The company's report indicates that cash flow from operating activities decreased 23.43% to CNY749.04 million. Basic and diluted earnings per share both decreased to CNY0.205 from CNY0.231. The company noted changes in inventory, payments related to operating activities, and fair value changes impacting its financials.