Inner Mongolia Yitai Coal ( 900948) Q3 2026 earnings summary

Executive summary

• Q3 revenue was RMB 14.204B, up 37.02% YoY; total profit was RMB 2.705B, up 49.01%, and attributable net income was RMB 1.844B, up 39.42%.

• 9M revenue reached RMB 37.784B, up 21.33% YoY; total profit was RMB 10.395B, up 90.60%, and attributable net income was RMB 6.309B, up 67.36%.

Financial highlights

• Q3 adjusted for non-recurring items, attributable net income was RMB 2.032B, up 58.62% YoY; 9M adjusted net income was RMB 5.033B, up 38.04%.

• 9M operating profit was RMB 10.422B versus RMB 5.524B a year earlier; net income was RMB 7.224B versus RMB 4.373B.

• 9M operating costs rose to RMB 30.785B from RMB 26.364B; finance costs increased to RMB 682M from RMB 346M.

Segment performance

• Coal sales price increases and new oil-and-gas business revenue supported higher Q3 and 9M revenue; oil-and-gas business profit also contributed to earnings growth.