Huaibei Mining Posts 20.11% Net Profit Growth in 2026 Interim Results
Huaibei Mining reported 2026 first-half net profit attributable to shareholders of RMB 1.239 billion, up 20.11% year on year, with basic earnings per share of RMB 0.46, up 21.05%. Revenue reached RMB 21.387 billion, up 3.76%, while total operating income was RMB 21.445 billion, up 3.69%. In the second quarter, total operating income rose 11.56% to RMB 11.248 billion, and net profit attributable to the parent surged 119.98% to RMB 748 million.
Huaibei Mining disclosed its 2026 interim report on August 27. In the first half, net profit attributable to shareholders of the listed company stood at RMB 1.239 billion, up 20.11% year on year. Basic earnings per share were RMB 0.46, an increase of 21.05%. Operating revenue for the period reached RMB 21.387 billion, up 3.76% year on year, while total operating income was RMB 21.445 billion, up 3.69%.
During the reporting period, the company saw simultaneous increases in both volume and price for its main products, including coal, coke, and ethanol, which boosted sales revenue from its principal businesses, while commodity trading operations declined. In the second quarter, total operating income was RMB 11.248 billion, up 11.56% year on year, and net profit attributable to the parent company reached RMB 748 million, up 119.98%.