Xinji Energy reports mixed Q3 2025 results amid coal sales decline, power growth

China Coal Xinji Energy Co., Ltd. (Xinji Energy) announced its operating data for the first three quarters of 2025. Raw coal output increased by 7.87% to 1,680.37 ten thousand tonnes, and commercial coal output rose 5.74% to 1,468.07 ten thousand tonnes.

However, coal sales revenue experienced a 2.30% decline to CNY 756,978.75 ten thousand, with external sales revenue falling 13.65% to CNY 482,898.47 ten thousand. Coal sales gross profit decreased 7.07% to CNY 283,314.34 ten thousand.

Conversely, the company's power generation business, exclusively thermal power in Anhui, saw robust growth. Electricity generation surged 28.21% to 110.31 hundred million kWh, while on-grid electricity increased 27.90% to 103.80 hundred million kWh.

Despite the volume increases, the average on-grid electricity price (excluding tax) decreased 8.45% to CNY 0.3715 per kWh. The company advises investors to be aware of investment risks as the operating data is unaudited.