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Shanxi Coking Coal’s net profit rises 40.89% in first nine months

Shanxi Coking Coal’s net profit rises 40.89% in first nine months

China’s Shanxi Coking Coal Energy Group reported net profit of RMB 2.02 billion (about $300 million) for January–September 2026, up 40.89% from a year earlier. Revenue increased 1.42% to RMB 27.56 billion (about $4.1 billion).

In the third quarter, revenue rose 4.49% year on year to RMB 9.5 billion (about $1.4 billion). Net profit increased 86.41% to RMB 783 million (about $116.5 million).

The company said higher selling prices for coal products, the sale of production capacity at the Xiqu Mine and lower financial expenses drove the profit growth.

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