China Xuyang Group (01907) announced interim results. Profit attributable to shareholders of 204 million yuan increased 719.92% year-on-year

According to the Zhitong Finance App, China Xuyang Group (01907) announced interim results for the six months ended June 30, 2026. The group achieved revenue of 21,856 billion yuan during the period, up 5.16% year on year, gross profit of 2,311 billion yuan, up 37.75% year on year, profit attributable to company owners of 204 million yuan, up 719.92% year on year, basic profit of 4.77 points per share, and an interim dividend of 1.44 points per share.

At the end of the reporting period, the Group's coking coal price rose 9 rounds, falling 2 rounds, and the cumulative price increase was RMB 385 yuan/ton. Thanks to the Group's core competitive advantage in sales, transportation, production, supply and research formed by the Group in 31 years, the operating income of the coking coal sector increased 9.6% year on year, and gross profit increased 10.5% year on year.

Thanks to favorable factors such as the increase in production capacity of new and resumed production of blast furnaces around the world and India's quota cancellation policy, the profitability of the overseas coking coal business increased dramatically, and the volume and price rose sharply. Xuyang Weishan (Indonesia) Co., Ltd. (Xuyang Weishan), located in Indonesia, recorded revenue, net profit attributable to parent company owners, and sales volume increased 976%, 1,854%, and 61%, respectively.