China Coal Energy's Q1-3 profit rises 2.1% as prices outrun lower output

China Coal Energy Company Limited, the listed arm of China National Coal Group, posted a net profit of Yuan 12.7 billion ($1.9 billion) for the first nine months of 2026, up 2.1% on year, as a double-digit rise in the price of its own coal outweighed lower production, the Shanghai- and Hong Kong-listed miner said in its third-quarter report.

Revenue rose 4.6% to Yuan 115.6 billion in the first three quarters. Over the period, commercial coal output came to 93.4 million tonnes, down 8.1% on year, while sales fell 4% to 182.7 million tonnes of which 93.6 million tonnes were self-produced, the report showed. In particular, coal revenue rose