YANKUANG ENERGY Posts 15.4% Revenue Growth and 57.2% Surge in Net Profit for H1 2026

YANKUANG ENERGY reported unaudited interim results for the six months ended 30 June 2026, highlighting a solid performance despite challenging market conditions.

Revenue expanded 15.40 % year on year to RMB 70.23 billion, driven mainly by stronger coal prices and higher chemical sales. Gross profit advanced 15.98 % to RMB 18.74 billion and the gross margin held steady at 26.7 %.

Net profit attributable to shareholders jumped 57.20 % to RMB 7.87 billion, lifting basic earnings per share to RMB 0.78 from RMB 0.50 a year earlier. Profit before tax rose 35.55 % to RMB 13.52 billion.

Operating cash flow remained robust at RMB 12.12 billion, while cash and equivalents rose 58.89 % to RMB 42.39 billion, supported by an RMB 18.36 billion performance-compensation refund from the parent company that bolstered liquidity.

Total assets reached RMB 464.00 billion, up 2.7 % from end-2025. Equity attributable to shareholders increased to RMB 76.12 billion, and the debt-to-equity ratio stood at 168.8 %.

Segment performance showed: • Coal: sales volume up 3.23 % to 82.91 million tonnes; coal revenue rose 13.5 % to RMB 46.41 billion on stronger pricing. • Coal chemicals: revenue climbed 9.5 % to RMB 13.75 billion, with methanol, acetic acid and liquid paraffin leading growth. • Power generation: electricity sales slipped 8.19 % to 26.72 billion kWh amid shutdowns and maintenance.

Management proposed an interim cash dividend of RMB 0.20 per share, subject to shareholder approval, totaling approximately RMB 2.01 billion (excluding treasury shares).

During the period the group completed a RMB 2.84 billion gainful disposal of its Xintai subsidiary, received shareholder approval to acquire 100 % of Shandong Energy’s New Energy Group for RMB 15.57 billion, and continued its share buyback program, cancelling 0.63 million A shares and repurchasing 1.97 million A shares for RMB 50.93 million.

Looking ahead, YANKUANG ENERGY intends to accelerate capacity expansion projects, deepen cost-reduction initiatives, and maintain its focus on shareholder returns, underpinned by a newly approved three-year dividend policy targeting a payout ratio of about 50 % of annual net profit.