Jizhong Energy projects 60% profit decline on coal prices

Jizhong Energy Resources expects net profit for the first half of 2025 to fall between 330 million yuan and 400 million yuan, representing a year-on-year decrease of 60% to 67% compared to 1 billion yuan in the same period last year.

Basic earnings per share are forecast to drop to 0.09-0.11 yuan from 0.28 yuan previously. The company attributes the decline primarily to lower coal prices due to market supply and demand dynamics.