Jizhong Energy reports steep revenue, profit drop in Q3 2025

Jizhong Energy Resources experienced a challenging third quarter in 2025, with revenue plummeting by 27.10% to 3.36 bn yuan. Net profit attributable to shareholders of the listed company saw an even steeper decline of 72.21% to 59.10m yuan. The first nine months of 2025 also reflected this trend, with year-to-date revenue decreasing by 27.63% to 10.66 bn yuan and net profit falling by 66.46% to 407.19m yuan.

Despite the profit downturn, total assets for the company increased by 0.89% to 53.67 bn yuan by the end of the reporting period compared to the previous year-end. However, owners' equity attributable to shareholders decreased by 8.99% to 19.06 bn yuan. The company also announced the completion of the industrial and commercial change registration for the acquisition of 49% equity in Jingneng Xilin Gol Energy Co., Ltd., as part of a related-party transaction.