FilingReader Intelligence

Inner Mongolia Yitai Coal's Q1 profit drops 28.81%

April 30, 2025 at 05:51 AM UTCBy FilingReader AI

Inner Mongolia Yitai Coal (SSE:900948) announced its first-quarter results for 2025, reporting a CNY 10.56 billion in revenue, a 14.99% decrease compared to the same period last year. Net profit attributable to shareholders was CNY 1.28 billion, a 28.81% decline. The basic earnings per share decreased by 29.03% to CNY 0.44. The company attributes the decline in revenue and profit to lower coal sales prices. Operating cash flow increased by 28.69% to CNY 2.08 billion. The company also announced a tender offer to acquire a 51% stake in ST XinChao for CNY 3.40 per share.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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