Yankuang Energy (01171) expects net profit to be increased by about 56% year-on-year in the first three quarters

Zhitong Finance App News, Yankuang Energy (01171) issued an announcement. According to preliminary estimates by the company's finance department, net profit attributable to shareholders of listed companies is expected to be about RMB 11.1 billion in the first three quarters of 2026, an increase of about RMB 4 billion compared with the same period of the previous year (statutory disclosure data), an increase of about RMB 4 billion, an increase of about 56% year on year; net profit attributable to shareholders of listed companies is expected to be about RMB 8.5 billion in the first three quarters of 2026, an increase of about RMB 2 billion, an increase of about 31% year on year.

The company's performance for the first three quarters of 2026 increased compared to the same period last year, mainly due to: rising prices of coal and coal chemical products during the reporting period, improved operating performance, etc.; public listing and transfer of 100% of Inner Mongolia Xintai Coal Co., Ltd.'s shares; confirmation of foreign exchange hedging losses, asset impairment, and withholding tax-related litigation losses and payment of consumption tax, etc., which affected the reduction in net profit attributable to shareholders of listed companies.