Shaanxi Heimao Coking Co., Ltd. anticipates a net loss for the first half of 2026. The company's latest filing shows that from January to June 2026, net profit attributable to shareholders is expected to range between a loss of CNY 400 million and CNY 340 million. Excluding non-recurring items, the loss is estimated at CNY 410 million to CNY 350 million.
The projected loss represents an improvement over the same period last year, when net loss attributable to shareholders was CNY 462.3351 million and net loss excluding non-recurring items was CNY 520.5393 million, with a loss per share of CNY 0.23.
The company attributed the core business loss to dual pressures from upstream and downstream markets. While selling prices of major products rose year-on-year, improving operations from the prior year, coke prices increased at a slower pace than coking coal costs.
These preliminary estimates were prepared by the company's finance department and have not been audited. The board cautioned that final figures will be disclosed in the official 2026 semi-annual report and urged investors to be mindful of risks. The company also stated that no material uncertainties currently affect the accuracy of this forecast.