China Coal Energy Company Limited (1898) Earnings Call Transcripts

China Coal Energy Company Limited's Latest Earnings Call - April 1, 2026

In the first quarter of 2026, China Coal Energy Company Limited reported a revenue of CNY 198.2 billion, reflecting a significant increase of 91.8% year-over-year. However, the company faced challenges in 2025, with a net profit decrease of 7.3% to CNY 17.9 billion due to declining coal prices and production volumes. Management maintained a cautious outlook for 2026, projecting stable revenue and profit levels while emphasizing cost control and operational efficiency.

Reported metrics

Guidance from management

Management expects stable revenue and profit levels for 2026, with a focus on maintaining production and sales of over 130 million tonnes of coal. They emphasized the importance of cost control and operational efficiency in navigating market challenges.

What management said

So in 2025, we have 2 sets of our devices are under major maintenance or overhaul. So touching by the current circumstances, reaching a full load or operation is very probable. So this year, we have a plan the production volume of 1.45 million tonnes. And I think we are able to go beyond that by around 60,000 tonnes. And secondly, after the device overhaul, the overall operation is becoming better. So that means th...

What analysts pressed on

Analysts expressed concerns about the company's ability to maintain its dividend payout ratio amidst declining profits and market pressures. Additionally, there are worries regarding the impact of geopolitical tensions on coal prices and overall market stability.

Main topics on the call

• Revenue Growth — China Coal Energy achieved a remarkable revenue of CNY 198.2 billion, an increase of 91.8% compared to the previous year. Management stated, 'The average annual operating revenue during the 14th 5-year plan period was up...
• Profit Decline — The company's net profit attributable to the parent company decreased by 7.3% to CNY 17.9 billion, attributed to lower coal prices and production volumes. Management noted, 'In 2025, the total profit was CNY 26.6 billion...
• Cost Control Initiatives — Management emphasized ongoing cost control measures, stating, 'We have unified, we have got a transparent procurement for all the raw materials and eliminating 90% of the middlemen.' This initiative is expected to stabil...
• Future Guidance — For 2026, management aims to maintain stable revenue and profit levels, projecting production and sales of over 130 million tonnes of coal. They stated, 'We will strive to maintain over stability of revenue and profit.'

Read the full China Coal Energy Company Limited transcript (April 1, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 14 China Coal Energy Company Limited earnings call transcripts on record, spanning August 26, 2022 to August 24, 2026. Based on this history, China Coal Energy Company Limited reports quarterly. The most recent call on file is dated August 24, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

1898

Exchange

SEHK

Country

HK

Sector

Energy

Industry

Oil, Gas and Consumable Fuels

Calls on record

14

First call

August 26, 2022

Most recent

August 24, 2026

Reporting cadence

quarterly