Yankuang Energy reports Q3 profit drop amid revenue decline

Yankuang Energy Group Co. Ltd. reported a 30.82% year-on-year drop in Q3 2025 total profit, amounting to 4,592,004 thousand yuan, primarily due to falling coal and other main product prices. Net profit attributable to shareholders decreased by 36.60% to 2,288,060 thousand yuan, with basic earnings per share also down by 36.58% to 0.23 yuan. Total operating revenue for the third quarter remained stable at 38,258,794 thousand yuan, a marginal 0.26% decrease from the previous year.

The company also announced the successful issuance of its second phase of 2025 technological innovation bonds, raising 3 billion yuan at an interest rate of 1.96% with a '2+N' year term. The board of directors approved the Q3 2025 report and decided to distribute a cash dividend of 0.18 yuan per share (tax included) for the first half of 2025.

Other strategic moves include the proposed listing of subsidiary Kasong Technology on the National Equities Exchange and Quotations (NEEQ) and an increase in capital for Shandong Huaju Energy Co. Ltd., a joint venture where Yankuang Energy's stake will be 70%. The acquisition of 3.75% equity in Morabeng Coal Mine from Korea Electric Power Corporation by Yankuang Energy's subsidiary, Yancoal Australia, was also completed. The planned acquisition of Highfield Resources Limited was terminated due to unfulfilled preconditions.