China Coal Energy (01898) released its annual performance, with a net profit attributable to shareholders of 14.497 billion yuan, a decrease of 19.99% year-on-year.

China Coal Energy (01898) released its annual performance ending on December 31, 2025, with revenue of RMB 148.057 billion, a decrease of 21.83% year-on-year. The company's attributable profit to shareholders was RMB 14.497 billion, a decrease of 19.99% year-on-year. Basic earnings per share were RMB 1.09, with a final dividend per share of RMB 0.217 (tax inclusive). During the reporting period, the group's main business sectors of coal, coal chemical, coal mining equipment, and finance all operated well. The coal enterprise fully relied on the "intelligent control" platform, organized production scientifically, strengthened market development and production-sales connection, and completed an annual output of 135 million tons of self-produced commercial coal, maintaining a historical high; meanwhile, by intensifying efforts to reduce costs through systems and technology, deepening lean management, despite a decrease in revenue of RMB 10.511 billion due to a 77 yuan/ton drop in the average selling price of self-produced commercial coal, the unit sales cost of self-produced commercial coal decreased by 16.04 yuan/ton to 328.80 yuan/ton, and the coal business achieved a gross profit of 22.034 billion. The coal chemical enterprise coordinated safety production, device overhauls, and project construction, maintaining stable and efficient operations. Despite price reductions of 654 yuan/ton, 295 yuan/ton, and 278 yuan/ton for polyolefins, urea, and ammonium nitrate, respectively, a gross profit of 2.386 billion was achieved, reflecting good management levels and the synergistic effect of integrated coal chemical development. The coal mining equipment enterprise continued to optimize its lean manufacturing system, focusing on "intelligent manufacturing + modern services" to promote industrial upgrading, actively promoting the sales of complete sets of products and the joint storage and provision of quality and expanded coverage, achieving a pre-tax profit of 0.797 billion, an increase of 0.173 billion year-on-year. The financial company continued to improve the quality and efficiency of fund management around the treasury system, maintaining industry-leading capital concentration and operating efficiency, with asset size remaining in the billion-yuan level and reaching a new historical high. Against the backdrop of a significant decline in financial market interest rates, a pre-tax profit of 1.417 billion was achieved, maintaining growth year-on-year, further enhancing service support and value creation capabilities. The group's electricity business for the year accumulated a total electricity output of 180.0 billion kWh, an increase of 46.4 billion kWh year-on-year, achieving a pre-tax profit of 1.089 billion, an increase of 0.723 billion year-on-year.