CHINA RISUN GP (01907) announced its interim results, with a profit attributable to shareholders of 204 million yuan, a year-on-year increase of 719.92%.
China Xuyang Group (01907) announced its interim results for the six months ended June 30, 2026. During the period, the group achieved revenue of 21.856 billion yuan, a year-on-year increase of 5.16%. Gross profit was 2.311 billion yuan, a year-on-year increase of 37.75%. Profit attributable to shareholders amounted to 204 million yuan, a year-on-year increase of 719.92%. Basic earnings per share were 4.77 cents, and the interim dividend per share was 1.44 cents.
CHINA RISUN GP (01907) announced its interim results for the six months ending June 30, 2026. During the period, the Group recorded revenue of 21.856 billion yuan, a year-on-year increase of 5.16%. Gross profit was 2.311 billion yuan, up 37.75% year-on-year, while the net profit attributable to equity holders of the company was 204 million yuan, reflecting a remarkable year-on-year growth of 719.92%. Basic earnings per share were 4.77 cents, and the interim dividend was set at 1.44 cents per share.
By the end of the reporting period, the Group experienced nine rounds of coal price increases and two rounds of decreases, with a cumulative price rise of 385 yuan per ton. This was attributed to the core competitive advantages formed by the Group over 31 years in the areas of sales, transportation, production, supply, and research. The revenue from the coke coal segment increased by 9.6% year-on-year, while gross profit rose by 10.5% year-on-year.
Thanks to the global increase in new and restored blast furnace capacity, along with favorable factors such as India's cancellation of quota policies, the profitability of the overseas coke coal business significantly improved, with both volume and price rising. Xuyang Weishan (Indonesia) Co., Ltd. (Xuyang Weishan), located in Indonesia, recorded revenue, net profit attributable to the parent company, and sales growth of 976%, 1,854%, and 61% year-on-year, respectively.
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