Xinji Energy Co., Ltd. reported increases in both coal output and sales for the first half of 2026, while power generation surged over 80% from a year earlier.
Raw coal output reached 11.33 million tonnes in January-June, up 1.20% year on year, according to the company's interim operating data. Commercial coal production stood at 10.25 million tonnes, a 3.19% increase from the same period last year.
Commercial coal sales totaled 10.12 million tonnes, up 7.27% year on year, though external sales fell 3.59% to 6.16 million tonnes.
Revenue from coal operations rose 13.43% to 5.66 billion yuan, with external sales contributing 3.45 billion yuan, up 5.12%. Coal sales costs increased 10.95% to 3.42 billion yuan, while gross profit from coal sales grew 17.45% to 2.23 billion yuan.
Power generation in the first half surged 84.55% to 12.30 TWh, with on-grid electricity rising 85.15% to 11.62 TWh. The average on-grid tariff, excluding tax, was 0.3655 yuan/kWh, down 1.64% year on year.
The company's coal operations are based in Anhui province, primarily producing thermal coal and some 1/3 coking coal. Its power business, entirely coal-fired, is located in Anhui and Jiangxi provinces.