Xinji Energy reports profit decline, revenue dip in Q3 2025

China Coal Xinji Energy Co., Ltd. reported a modest decline in operating revenue for the first nine months of 2025, reaching 9.01 billion yuan, a 1.95% decrease from the same period last year. Concurrently, the company's total profit saw a more significant drop of 19.42% to 2.21 billion yuan. Net profit attributable to shareholders decreased by 19.06% to 1.48 billion yuan. Basic earnings per share were 0.57 yuan, down 18.57% year-on-year.

The report also highlighted ongoing developments in the company's projects. As of September 2025, the coal-fired power plant projects are progressing as planned, with the Shangrao power plant's Unit 1 generator stator positioned and rotor installed, and boiler hydraulic pressure tests completed for Unit 2. The Chuzhou power plant's Unit 2 turbine is capped, and Unit 1 boiler is undergoing hydraulic pressure testing. For the renewable energy sector, the Bozhou Lixin Phase I wind power project has completed 80% of its wind turbine foundation piling and pouring, and expects to achieve grid connection by the end of 2025.

Total assets for the company increased by 11.48% to 49.79 billion yuan as of September 30, 2025, compared to the end of the previous year. Owners' equity attributable to shareholders also grew by 5.64% to 16.43 billion yuan.