Shanxi Coking reports significant Q3 profit decline despite efficiency efforts

Shanxi Coking Co., Ltd. reported a 60.90% decrease in total profit for the third quarter of 2025, reaching 25,280,644.68 yuan. Net profit attributable to shareholders also fell by 59.89% to 27,559,135.79 yuan, and basic earnings per share dropped 59.70% to 0.0108 yuan. The company stated that while measures to improve its main business's efficiency narrowed losses compared to the prior period, reduced net profit from joint ventures, particularly China Coal Huajin, negatively impacted investment income. For the first nine months of 2025, the company recorded a total loss of 40,818,525.28 yuan, representing a 116.72% decline from the previous year.

Total operating revenue for the third quarter was 1,363,176,567.66 yuan, a 9.58% decrease year-over-year. The nine-month revenue also declined by 15.84% to 4,588,681,113.10 yuan. Operating cash flow for the nine-month period remained negative, at -1,403,201,651.19 yuan. The company also announced an online investor presentation on November 7, 2025, to discuss these results.

As of September 30, 2025, total assets were 26,146,931,515.53 yuan, a 3.38% decrease from the previous year-end, and owner’s equity attributable to shareholders decreased by 0.49% to 15,225,450,712.65 yuan. Shanxi Coking Group Co., Ltd. remains the largest shareholder, holding 51.14% of shares.