Gansu Energy Chemical disclosed its earnings forecast, expecting net profit attributable to the parent of 160 million yuan for the first half of 2026, compared with a loss of 192 million yuan in the same period last year, swinging to a profit year on year. Deducted non-recurring net profit is expected to be 85 million yuan, versus a loss of 226 million yuan a year earlier. Basic earnings per share are forecast at 0.03 yuan. The company said the improvement was mainly due to better supply and demand in the coal industry and a recovery in downstream demand, with the average selling price of its main products rising year on year. At the same time, the company continued to optimize its market layout, expand sales channels, and took multiple measures to boost operating performance.
Gansu Jingyuan Coal Industry and Electricity Power Co LtdCompany expects profit swing due to improved coal supply/demand and recovery in downstream demand, with higher average selling prices.