Kailuan Energy Chemical announced that it expects a net loss attributable to shareholders of the parent company of 100 million to 150 million yuan for the first half of 2026, swinging from profit to loss year-on-year. The change in performance is mainly due to some mines being affected by changes in coal seam occurrence and complex geological structures, leading to a decline in the output and proportion of profitable coal seams, which resulted in a year-on-year decrease in coal production and sales. At the same time, the coking business was impacted by market fluctuations, and the profitability of the coal chemical segment decreased year-on-year. The company's net loss in the first quarter was 109 million yuan, implying an estimated second-quarter net loss of 41 million yuan to a net profit of 9 million yuan.
Kailuan Energy Chemical Co LtdMines affected by geological issues reduced coal output and sales, causing net loss.