The Zhitong Finance App learned that Yankuang Energy (01171) rose more than 6% at the end of the session. As of press release, it had risen 6.62% to HK$11.43, with a turnover of HK$668 million.

According to news, recently, Yankuang Energy announced its results for the third quarter of 2026. The Group achieved operating income of 117.504 billion yuan, an increase of 11.959 billion yuan over the previous year, or 11.3%; net profit attributable to shareholders of listed companies was 11.117 billion yuan, an increase of 3,989 billion yuan over the previous year, an increase of 55.9%. According to Great Wall Securities, in the first three quarters of 2026, Yankuang Energy's self-produced coal sold for 588 yuan/ton, +16.8%; the sales cost of tons of coal was 343 yuan/ton, +7.4% year over year; gross profit per ton of coal was 245 yuan/ton, +33.1% year over year; and the gross profit margin was 41.7%, +5.1 percentage points year over year. Looking at a single quarter, the price of tons of coal produced by the company in 2026Q3 was 657 yuan/ton, +12.2% month-on-month.

Great Wall Securities believes that the recovery in coal prices combined with the reduction in the company's overall cost per ton of coal will drive an increase in Q3 coal unit profits; the return to normal production at the Moraben coal mine is expected to drive a recovery in overseas production and sales. Shen Wan Hongyuan said that Yancoal Australia completed 100% of Kestrel Group's shares in October and indirectly obtained 80% of Kestrel Coal Mine interests. The company plans to seek an increase of 3.6 million tons of coal equity from the Kestrel Coal Mine in 2027, promote the official production of the Wucaiwan No. 4 open pit mine and the joint trial operation of the Aburafanggou coal mine, with a commercial coal production target of 182 million to 190 million tons.