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Kinetic Development Warns of 50–60% Profit Drop on Coal Price Slump and Impairments

Story Highlights
  • Kinetic Development expects 2025 net profit to plunge 50–60% amid coal price weakness and impairments.
  • Despite profit pressure, the group says capital is sufficient and coal plus non-core expansions support long-term growth.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Kinetic Development Warns of 50–60% Profit Drop on Coal Price Slump and Impairments

Meet Samuel – Your Personal Investing Prophet

An announcement from Kinetic Mines & Energy Ltd. ( (HK:1277) ) is now available.

Kinetic Development Group Limited, a Hong Kong-listed coal producer incorporated in the Cayman Islands, derives most of its earnings from its core coal operations while gradually building out non-core businesses. The group emphasizes cost control, operational efficiency and safe production as it pursues expansion in coal markets at home and overseas.

The company has issued a profit warning, saying its net profit after tax for 2025 is expected to fall by 50% to 60% from 2024 amid market volatility and lower coal prices. Management cited a 40% to 45% profit decline in its core coal business, non-cash impairment provisions of roughly RMB250 million to RMB290 million, and RMB80 million to RMB90 million in losses from early-stage non-core businesses, while stressing that capital remains sufficient and the annual results will be released on 24 March 2026.

The most recent analyst rating on (HK:1277) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Kinetic Mines & Energy Ltd. stock, see the HK:1277 Stock Forecast page.

More about Kinetic Mines & Energy Ltd.

Kinetic Development Group Limited is a Hong Kong-listed company incorporated in the Cayman Islands that focuses on a principal coal business, expanding both domestically and internationally. The group is also developing non-core businesses as part of a diversification strategy aimed at supporting its long-term growth.

Average Trading Volume: 21,256,261

Technical Sentiment Signal: Buy

Current Market Cap: HK$18.8B

For a thorough assessment of 1277 stock, go to TipRanks’ Stock Analysis page.

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