China Coal Energy Company Limited (01898) has announced its interim results for the six months ended June 30, 2026, reporting a net profit attributable to shareholders of RMB 8.192 billion, an 11.8% increase year-on-year. The group recorded revenue of RMB 73.136 billion for the period, a 1.8% decline compared to the previous year, with basic earnings per share at RMB 0.62. An interim dividend of RMB 0.184 per share has been proposed.

The group's major business segments, including coal, chemicals, coal mining equipment, finance, and power, all performed satisfactorily. In the coal segment, operations were managed scientifically to counter challenges such as changing geological conditions and policy adjustments, with strengthened coordination across production, transportation, and sales. Self-produced commercial coal output reached 61.95 million tonnes in the first half, with sales volume hitting 61.42 million tonnes. Through rigorous coal quality management and an optimized product mix, the average selling price of self-produced commercial coal rose by RMB 54 per tonne year-on-year, contributing an additional RMB 3.319 billion in revenue. Enhanced refined management and cost control brought unit sales costs down to RMB 343.22 per tonne, enabling the coal business to achieve a gross profit of RMB 11.465 billion, up RMB 736 million from the prior year, reflecting steady operational improvements.

The chemical segment maintained stable and efficient operations, balancing safety, production efficiency, and the construction of key projects. With both prices and volumes of major chemical products on the rise, the segment delivered a gross profit of RMB 2.191 billion, an increase of RMB 896 million or 69.2% year-on-year, showcasing strong management capabilities and the synergistic benefits of coal-chemical integration. The equipment segment, facing a challenging market downturn, focused on expanding its market presence and securing high-quality orders while driving cost reduction and efficiency gains through optimized standard cost management, achieving a pre-tax profit of RMB 265 million.

The financial subsidiary advanced refined management and technological innovation, continuously improving capital management efficiency through its treasury system framework. Maintaining industry-leading capital concentration and with total assets surpassing RMB 100 billion—a new historic high—it overcame external pressures from falling market interest rates by developing innovative financial service models, posting a pre-tax profit of RMB 459 million. In the power segment, the group strengthened equipment management to enhance unit reliability and energy efficiency, aligning production with marketing efforts to maximize profitable electricity generation. Cumulative power output for the first half reached 8.62 billion kWh, up 830 million kWh year-on-year, generating a pre-tax profit of RMB 567 million.