China's coal mining and washing industry earned a total profit of 297.01 billion yuan ($42 billion) in January-November 2025, plummeting 47.3% from a year earlier, according to data from the National Bureau of Statistics (NBS).

Revenue for the industry stood at 2.35 trillion yuan during the period, down 18.8% on the year, while costs were 1.69 trillion yuan, 12.5% lower than the year-ago level.

Profits across all mining industries declined 27.2% year on year to 789.63 billion yuan in the first 11 months this year, while revenue amounted to 4.71 trillion yuan, down 11.4% from a year ago. Costs were 3.25 trillion yuan, a 7.5% fall.

Major industrial firms with annual revenue of over 20 million yuan from main businesses reported profits of 6.63 trillion yuan in the January to November period, up 0.1% on the year. Their revenue came in at 125.34 trillion yuan, up 1.6% year on year, while total costs rose 1.8% to 107.17 trillion yuan, the NBS data showed.