China Coal Energy Co., Ltd. reported a 5.8% year-on-year increase in net profit attributable to shareholders for the first half of 2026, despite a slight decline in revenue.

The company posted operating revenue of 73.14 billion yuan($10.88 billion) in January-June, down 1.8% from a year earlier, while net profit attributable to shareholders reached 8.15 billion yuan, according to its interim report. Basic earnings per share stood at 0.61 yuan.

Coal operations remained resilient amid complex geological conditions, with the company leveraging data-driven models to coordinate production and sales. Self-produced commercial coal output totaled 61.95 million tonnes and sales reached 61.42 million tonnes, with average calorific value of thermal coal rising nearly 200 Kcal/kg year on year.

The comprehensive sales price of self-produced commercial coal increased by 54 yuan/t from a year earlier, adding 3.32 billion yuan in revenue, while unit sales cost was 285.69 yuan/t. The coal segment generated 15.00 billion yuan in gross profit, up 653 million yuan year on year.

The company's coal mine intelligent construction progressed steadily, with 21 mines passing intelligent mine acceptance by the end of the reporting period and 108 intelligent coal mining faces completed. Three intelligent mine projects were selected as national pilot programs for intelligent coal mining technology upgrades.

The chemical business maintained stable and efficient operations despite planned major maintenance at some units, with major chemical product output reaching 3.02 million tonnes, up 30,000 tonnes year on year. The segment achieved 2.29 billion yuan in gross profit, up 62.0% from a year earlier.

Power operations generated 8.62 TWh of electricity, up 0.83 TWh year on year, with total profit of 549 million yuan. The coal mining equipment business delivered nearly 4 billion yuan in equipment output value, with total profit of 262 million yuan.

The company's finance unit maintained industry-leading capital concentration, with assets exceeding 100 billion yuan, a record high, and total profit of 459 million yuan.

Net cash inflow from operating activities reached 9.86 billion yuan in the first half, up 2.19 billion yuan from 7.67 billion yuan in the same period of 2025. Excluding deposits absorbed by the finance unit from member entities outside China Coal Energy, net cash inflow from production and sales activities was 12.61 billion yuan, up 5.11 billion yuan year on year, mainly due to higher coal and chemical product prices and improved working capital management.

The board resolved to distribute cash dividends of 2.44 billion yuan for the first half of 2026, representing 30% of net profit attributable to shareholders under Chinese Accounting Standards, or 0.184 yuan per share (including tax), based on the company's total issued share capital of 13.26 billion shares.

In the second half, China Coal Energy said it will deepen its development model, advance the 15th "Five-Year Plan" implementation, and push forward state-owned enterprise reforms to achieve a strong start to the plan period. The company outlined priorities including promoting the "coal-power-chemical-new energy" multi-industry coupling path, accelerating key project construction, strengthening innovation-driven reform, ensuring energy supply security, enhancing safety and environmental protection, and improving market value management and corporate governance.