Huaibei Mining (600985) Q3 2026 earnings summary

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.