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Huaibei Mining (600985) investor relations material
Huaibei Mining Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 revenue rose 21.18% YoY to RMB 13,607,421,948.78; attributable net profit reached RMB 906,998,827.57, up 2,242.36% YoY.
9M revenue increased 9.90% YoY to RMB 34,994,625,226.92; attributable net profit rose 100.51% to RMB 2,146,106,287.89.
9M profit growth was attributed to higher volume and prices for coal, coke and ethanol; operating cash flow increased 49.84% YoY.
Financial highlights
Q3 total profit was RMB 1,010,575,693.40, up 2,905.94% YoY; adjusted attributable net profit was RMB 903,724,272.29, up 3,226.34%.
9M total profit was RMB 2,276,298,732.26, up 103.29% YoY; adjusted attributable net profit was RMB 2,116,341,244.84, up 111.53%.
9M operating profit was RMB 2,273,745,041.44; consolidated net profit was RMB 1,942,855,614.64.
Segment performance
Coal, coke and ethanol were cited as key products with both sales volume and prices rising YoY, supporting 9M profit growth.
Q3 profit growth was attributed primarily to higher coal product volume and prices.
- Net profit rose 20.11% YoY on higher coal and chemical sales and improved efficiency.600985
Q2 2026 - Net profit dropped 29% year-over-year as lower coal prices weighed on Q1 2026 results.600985
Q1 2026 - Revenue and profit fell sharply, but cost control and innovation supported stable operations.600985
Q4 2025 - Revenue and profit plunged as coal output and prices fell, pressuring financial results.600985
Q3 2025 - Revenue and profit dropped over 60% year-over-year amid weak coal prices and demand.600985
Q2 2025 - Revenue up, but net profit and EPS down sharply; cash flow and equity improved.600985
Q3 2024 - H1 2024 net profit dropped 18.19% on lower coal prices; major projects and bond conversion completed.600985
Q2 2024 - Revenue and profit dropped over 39% and 56% year-over-year amid coal market downturn.600985
Q1 2025 - Revenue and profit fell sharply, but cash flow and dividends remain robust.600985
Q4 2024
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