Changes in Hong Kong stocks | Yankuang Energy (01171) rose more than 4% and is expected to increase net profit by 53% year-on-year in the first half of the year to benefit from rising prices of coal and coal chemical products

The Zhitong Finance App learned that Yankuang Energy (01171) rose by more than 4%. As of press release, it had risen 4.26% to HK$11.5, with a turnover of HK$533 million.

According to the news, Yankuang Energy announced last night that the net profit for the first half of 2026 is expected to be 7.2 billion yuan, an increase of 53% over the previous year. Excluding the impact of non-core projects, its core profit increased 2% year over year to 4.5 billion yuan. Damo pointed out that this meant that its net profit for the second quarter in a single quarter increased 74% year-on-year to 3.2 billion yuan. The company's good performance in the first half of the year mainly reflects higher coal prices supported by resilient demand, rising coal chemical prices affected by the Middle East conflict, and high investment returns brought about by the disposal of 100% of Inner Mongolia's Xintai Coal shares.