Zhengzhou Coal Electricity reports Q3 profit plunge on lower coal prices

Zhengzhou Coal Industry & Electric Power (ZCE) released its third-quarter 2025 financial report, revealing a significant drop in profitability. Total profit for the period fell by 304.66% year-over-year to -110,157,745.59 yuan, with net profit attributable to shareholders decreasing by 6,123.80% to -158,241,437.81 yuan. This decline is largely due to a 19% reduction in coal selling prices compared to the previous year, impacting coal revenue, which decreased by 20.10% to 72,359 yuan.

For the first nine months of 2025, ZCE's total operating revenue was 2,668,025,284.66 yuan, a 16.48% decrease from the same period last year. The company's net profit for the first nine months was -382,195,963.74 yuan, a 3,037.45% decrease year-over-year. Operating cash flow for the nine-month period also saw a significant reduction of 86.21%, amounting to 45,696,733.35 yuan.

The board of directors approved the Q3 report on October 29, 2025, and scheduled an online performance briefing for investors on November 14, 2025. Investors can submit questions between November 7 and November 13, 2025. This briefing will address the company's Q3 operational performance and financial status.