HK Stock Market Move | SOUTHGOBI (01878) rose over 3%, with the mid-term net loss attributable to shareholders narrowing by 72.74% year-on-year. In Q2, the average realized selling price increased.
Nan Gobi (01878) rose over 3%, as of the time of writing, up 3.64%, reported at HK$1.71, with a transaction amount of HK$54.98 million.
SOUTHGOBI (01878) rose over 3%, as of the time of writing, up 3.64% to HKD 1.71, with a trading volume of HKD 54.98 million.
In terms of news, SOUTHGOBI recently announced that in the second quarter of 2026, the group achieved revenue of USD 212 million, an increase of 36.31% year-on-year; the net loss attributable to equity holders of the company was USD 5.324 million, a reduction of 76.66% year-on-year; basic and diluted loss per share was USD 0.018. In the first half of 2026, the group achieved revenue of USD 381 million, up 36.99% year-on-year; the net loss attributable to equity holders of the company totaled USD 13.36 million, a decrease of 72.74% year-on-year; basic and diluted loss per share was USD 0.045.
In the second quarter of 2026, the company achieved an average realized selling price of USD 60.6 per ton, compared to USD 52.6 per ton in the second quarter of 2025. The increase in average realized selling price was mainly due to a higher proportion of sales of high-quality semi-soft coking coal in the second quarter of 2026, along with an increase in its average realized selling price.
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