Morgan Stanley Keeps Their Buy Rating on Yankuang Energy Group Company Limited Class H (YZCHF)
Chinese Stocks Decline 0.3%
HK Stock Market Movement | Yankuang Energy (01171) Rises Over 4% as H1 Net Profit Expected to Increase by 53% YoY, Benefiting from Higher Coal and Coal Chemical Product Prices
Yankuang Energy (01171.HK) rose more than 4%. As of this report, it was up 4.26% at HK$11.50, with a trading volume of HK$533 million.
BOCI: Yankuang Energy (01171.HK) Posts Doubled Core Profit in Q2 Quarter-over-Quarter; Maintains 'Buy' Rating
China International Capital Corporation (CICC) stated in a report that, according to its earnings guidance, Yankuang Energy (01171.HK) expects net profit for the first half of 2026, calculated under Chinese Accounting Standards, to be approximately RMB 7.2 billion (hereinafter the same), representing a 53% year-over-year increase. Excluding the impact of non-core items, its core earnings rose by 2% year-over-year to RMB 4.5 billion, which the company attributes to higher prices for coal and coal chemical products. Specifically, in the second quarter of 2026 alone, the company’s core earnings doubled quarter-over-quarter to RMB 3.0 billion, primarily driven by the rise in coal and coal chemical product prices. During the period, the average spot prices for benchmark thermal coal at Qinhuangdao Port and Newcastle Port in Australia...
Morgan Stanley: Yankuang Energy's (01171.HK) preliminary second-quarter results in line with expectations; reiterates 'Overweight' rating
Morgan Stanley issued a report stating that Yankuang Energy (01171.HK) expects its net profit for the first half of 2026 to increase by 53% year-over-year to RMB 7.2 billion, in line with the firm’s forecast of RMB 7.16 billion. Excluding non-recurring gains and losses, recurring profit for the first half rose 2% year-over-year to RMB 4.5 billion. This implies that the company’s net profit for the second quarter alone surged 74% year-over-year to RMB 3.2 billion. The firm noted that Yankuang Energy’s strong first-half performance was primarily driven by higher coal prices supported by resilient demand, elevated coal chemical prices influenced by Middle East conflicts, and the disposal of its Inner Mongolia
Yankuang Energy Sees Higher Coal Production, Sales