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China Coal Energy Co ( (HK:1898) ) has issued an announcement.
China Coal Energy reported weaker coal operations for March 2026, with commercial coal production down 5.7% year-on-year to 10.97 million tonnes and sales falling 21.4%, reflecting softer demand and possibly tighter market conditions. Sales of self-produced coal also declined, underscoring operational pressure in the core mining segment.
In contrast, parts of the coal chemical business showed resilience, as polyethylene sales rose about 13% while urea sales jumped more than 40%, even though some products like polypropylene and ammonium nitrate recorded lower volumes. The coal mining equipment division posted an 8.8% increase in production value for March, suggesting stable or improving demand for mining machinery, and the company emphasized that these internally compiled monthly figures are for timely reference and may differ from its audited periodic reports.
The most recent analyst rating on (HK:1898) stock is a Buy with a HK$16.00 price target. To see the full list of analyst forecasts on China Coal Energy Co stock, see the HK:1898 Stock Forecast page.
More about China Coal Energy Co
China Coal Energy Company Limited is a major Chinese coal producer with operations spanning coal mining, coal chemical products and coal mining equipment manufacturing. Listed in Hong Kong, the company’s portfolio includes commercial coal, polyolefins such as polyethylene and polypropylene, as well as urea, methanol, ammonium nitrate and specialized mining equipment, serving both domestic industrial users and broader energy and chemical markets.
Average Trading Volume: 25,979,044
Technical Sentiment Signal: Buy
Current Market Cap: HK$237.5B
Find detailed analytics on 1898 stock on TipRanks’ Stock Analysis page.