China Coal Energy Co Class H ( (CCOZF) ) has released its Q2 earnings. Here is a breakdown of the information China Coal Energy Co Class H presented to its investors.
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China Coal Energy Co. Ltd, a major player in the coal mining and processing industry in China, has released its interim financial results for the first half of 2025, showcasing a challenging period marked by a significant decrease in revenue and profit. The company’s revenue for the first half of 2025 was RMB74.436 billion, a 19.9% decline compared to the same period last year, while profit attributable to equity holders fell by 31.5% to RMB7.325 billion. Despite these declines, the company maintained a robust financial structure with a gearing ratio of 45.1% and continued to reward investors with an interim dividend of RMB0.166 per share.
The financial highlights reveal a decrease in EBITDA by 27% to RMB16.857 billion and a reduction in basic earnings per share to RMB0.55. The company attributes these declines to a downturn in the coal market, which has been characterized by weak overall coal consumption and declining coal prices. Despite these challenges, China Coal Energy managed to increase its commercial coal production by 0.84 million tonnes year-on-year and achieved a significant increase in power generation by 27.2%.
In response to market conditions, China Coal Energy has focused on cost management and efficiency improvements. The company reported a decrease in the unit sales cost of self-produced commercial coal and other products, contributing to a more resilient operational framework. The coal chemical segment also achieved a gross profit of RMB1.295 billion despite lower selling prices for its products, demonstrating effective cost control and management capabilities.
Looking ahead, China Coal Energy remains committed to high-quality development and aims to enhance its production and sales coordination to achieve annual targets. The company plans to continue its focus on cost management, project development, and technological innovation to maintain a competitive edge in the market. Management is optimistic about the potential recovery of the coal market as macroeconomic policies take effect, and the company is poised to capitalize on emerging opportunities in the second half of the year.