Financial Performance - The company expects a net profit attributable to shareholders for the first three quarters of 2017 to increase by 150% to 190% compared to the same period last year[4] - The net profit attributable to shareholders for the same period last year was 893.691 million yuan[6] - The earnings per share for the same period last year was 0.07 yuan[7] Performance Drivers - The increase in performance is attributed to high product prices, optimized product structure, and effective cost control measures[8] Data Validity - The financial data provided is preliminary and subject to final confirmation in the official Q3 report[9]

Financial Performance - The company achieved operating revenue of 37,103,957 thousand RMB, a year-on-year increase of 41.1%[21]. - Net profit attributable to shareholders reached 1,696,137 thousand RMB, up 175.2% compared to the same period last year[21]. - The net cash flow from operating activities was 5,336,232 thousand RMB, reflecting a 79.1% increase year-on-year[21]. - The company reported a basic earnings per share of 0.13 RMB, an increase of 160.0% from the previous year[23]. - The weighted average return on equity rose to 1.95%, an increase of 1.21 percentage points year-on-year[23]. - The total profit for the first half of 2017 was 3.988 billion RMB, up by 32.4 billion RMB year-on-year[54]. - The net profit attributable to shareholders was 1.696 billion RMB, an increase of 10.8 billion RMB compared to the previous year[54]. - The company reported a significant increase in cash flow from operating activities, reaching 5.336 billion RMB, a growth of 79.1% year-on-year[54]. Production and Sales - The company completed a coal production of 38.24 million tons and coal sales of 60.58 million tons during the reporting period[30]. - The company achieved a total coal production of 38.24 million tons in the reporting period, with thermal coal production at 33.24 million tons and coking coal production at 5 million tons[39]. - The company sold a total of 60.58 million tons of coal, with self-produced coal sales accounting for 37.48 million tons, reflecting a decrease of 7.5% compared to the previous year[41]. - The average daily production of polyolefins from the Yulin Olefin Project reached 2,150 tons, with a total polyolefin output of 303,000 tons during the reporting period[43]. - The company completed a urea output of 958,000 tons from the Tuke Fertilizer Project, demonstrating effective operational management[43]. - The company sold 1.158 million tons of urea, a slight increase of 0.5% compared to 1.152 million tons in the same period of 2016[45]. Cost and Expenses - Material costs increased by 31.7% from 11.052 billion to 14.551 billion yuan compared to the first half of 2016, with coal business costs rising by 4.196 billion yuan[63]. - Labor costs decreased by 9.2% from 1.874 billion to 1.701 billion yuan, primarily due to workforce reduction policies[63]. - The sales cost of self-produced coal was CNY 7.701 billion, a 27.4% increase from CNY 6.047 billion in the first half of 2016, with a unit sales cost of CNY 200.42 per ton, up 35.5% from CNY 147.91 per ton[79][80]. - The gross profit for the coal business reached CNY 12.063 billion, a significant increase of 110.6% from CNY 5.727 billion in the first half of 2016, with a gross margin of 39.2%, up 8.6 percentage points[84]. - The coal chemical business revenue decreased by 18.3% to CNY 4.576 billion, down from CNY 5.599 billion in the same period last year, primarily due to production halts and internal usage increases[85]. Risk Management - The company faces significant safety production risks and potential fluctuations in coal and chemical product prices due to macroeconomic factors[6]. - The company emphasizes the importance of risk management and is continuously improving its risk control system[7]. - The company is subject to risks from changes in national industry policies and environmental standards that may impact operations[7]. - The company has established a safety risk grading control and hidden danger investigation mechanism, ensuring overall safety production stability[38]. - The company faces risks related to macroeconomic fluctuations, product price volatility, and safety production, which could significantly impact operational performance[133][134][135]. Investments and Capital Expenditure - The company's capital expenditure plan for 2017 totals 15.215 billion RMB, with actual completion at 3.208 billion RMB, representing a completion rate of 21.08%[122]. - In the first half of 2017, capital expenditures in the coal sector amounted to 1.771 billion RMB, achieving 25.25% of the annual plan[126]. - The company completed external equity investments of 0.15 billion RMB in the first half of 2017, a decrease of 97.77% year-on-year[127]. Shareholder and Corporate Governance - The company reported a cash dividend distribution of 514,531,500 CNY, which is 0.039 CNY per share, based on a total issued share capital of 13,258,663,400 shares[144]. - The company has appointed Deloitte as the new auditor for the 2017 fiscal year, replacing the previous auditing firms[147]. - The company has no significant litigation or arbitration matters during the reporting period[148]. - The company has fulfilled its commitments regarding avoiding competition with China Coal Energy Co., Ltd. as per the agreement established in 2014[146]. - The largest shareholder, China Coal Energy Group, holds 7,605,207,608 shares, representing 57.36% of total shares[174]. Environmental and Social Responsibility - The company is committed to environmental protection and sustainable development, aligning with national energy-saving and emission reduction policies[137]. - In the first half of 2017, the company donated CNY 290,000 to support poverty alleviation initiatives in Xinjiang[159]. - The company plans to invest in infrastructure upgrades and development projects in poverty-stricken areas in the second half of 2017[163]. - The company has engaged in various poverty alleviation projects, including vocational training for 40 individuals and supporting 32 registered poor households to find employment[162].

Financial Performance - The company expects a significant increase in net profit attributable to shareholders for the first half of 2017, estimated between 1,500 million and 1,800 million CNY[4] - The net profit for the same period in the previous year was 616.407 million CNY[6] - The earnings per share for the previous year was 0.05 CNY[7] Market Conditions - The main reason for the profit increase is the stabilization and recovery of coal prices in 2016, which continued to remain stable in the first half of 2017[8] - The company has effectively adjusted production and sales strategies in response to market changes, leading to improved performance[8] Cautionary Notes - The forecast data is preliminary and subject to final confirmation in the official half-year report[9] - Investors are advised to be cautious regarding investment risks based on the preliminary nature of the data[9]

Financial Performance - Operating revenue rose by 42.8% to CNY 17,864,765,000 year-on-year[6] - Net profit attributable to shareholders was CNY 1,170,967,000, a significant recovery from a loss of CNY 223,082,000 in the same period last year[6] - The weighted average return on equity increased by 1.62 percentage points to 1.35%[6] - The company reported a basic earnings per share of CNY 0.088, recovering from a loss of CNY 0.017 per share in the same period last year[6] - Net profit for Q1 2017 was RMB 1,839,878,000, representing a significant increase of 1,395.3% from a net loss of RMB 142,045,000 in Q1 2016, driven by higher coal sales prices[18] - The total profit for Q1 2017 was RMB 2,415,209,000, compared to a loss of RMB 177,556,000 in Q1 2016, marking a 1,460.3% increase[18] - Total comprehensive income for Q1 2017 was RMB 1,849,732,000, a substantial increase from a loss of RMB 163,605,000 in Q1 2016[18] - The net profit attributable to the parent company was CNY 1,170,967 thousand, compared to a loss of CNY 223,082 thousand in the previous period[52] Cash Flow - The net cash flow from operating activities was CNY 2,240,172,000, a significant improvement from a negative cash flow of CNY 1,014,013,000 in the previous year[6] - Cash flow from operating activities generated a net inflow of CNY 2,240,172 thousand, compared to an outflow of CNY 1,014,013 thousand in the previous period[60] - The company's operating cash flow for Q1 2017 was CNY 370,284 thousand, a significant improvement from a negative cash flow of CNY -757,343 thousand in the same period last year[63] - The total cash inflow from investment activities was CNY 1,535,907 thousand, slightly lower than CNY 1,550,000 thousand in the previous year[63] - The company reported a net cash outflow from investing activities of CNY -32,512 thousand, an improvement from CNY -940,643 thousand in the previous year[61] - Cash inflow from financing activities amounted to CNY 5,599,000 thousand, up from CNY 3,497,445 thousand in the same period last year[61] - The net cash flow from financing activities was CNY 72,078 thousand, a recovery from a negative cash flow of CNY -1,503,071 thousand in the previous year[61] Production and Sales - Coal production decreased by 6.0% to 1,926,000 tons, while coal sales fell by 8.4% to 2,787,000 tons[9] - Polypropylene production increased by 5.9% to 9,000 tons, but sales dropped by 22.7% to 6,800 tons[9] - Urea production decreased by 5.2% to 52,900 tons, with sales down 32.6% to 52,400 tons[9] - The company's coal sales volume decreased by 6.5% to 1,879,000 tons in Q1 2017, while the average selling price increased by 83.5% to RMB 510 per ton[22] - The sales volume of olefins decreased by 2.3 million tons to 15.5 million tons, with a sales price increase of 22.7% to RMB 7,928 per ton[27] - The sales volume of urea decreased by 25.3 million tons to 52.4 million tons, with a sales price decrease of 32.6% to RMB 1,382 per ton[28] Assets and Liabilities - Total assets increased by 0.7% to CNY 243,635,970,000 compared to the end of the previous year[6] - Current liabilities decreased to CNY 60.73 billion from CNY 61.42 billion, a reduction of 1.13%[43] - Non-current liabilities increased to CNY 78.85 billion from CNY 78.47 billion, an increase of 0.48%[44] - Total liabilities decreased slightly to CNY 139.58 billion from CNY 139.89 billion, a decrease of 0.22%[44] - Owner's equity increased to CNY 104.05 billion from CNY 101.96 billion, a growth of 2.15%[44] - Cash and cash equivalents rose to CNY 7.41 billion from CNY 6.21 billion, an increase of 19.36%[47] - Accounts receivable decreased to CNY 3.34 billion from CNY 3.41 billion, a decline of 2.02%[47] - Inventory decreased significantly to CNY 575.38 million from CNY 900.80 million, a drop of 36.05%[47] Costs and Expenses - The total operating costs for the current period were CNY 15,690,139 thousand, an increase of 23.5% from CNY 12,754,253 thousand in the previous period[52] - The unit sales cost of self-produced commodity coal increased to RMB 194.69 per ton, up 39.2% from RMB 139.82 per ton in the same period last year[24] - The unit material cost increased by 10.1% to RMB 44.33 per ton, while unit labor cost rose by 9.8% to RMB 27.89 per ton[27] - The unit cost of other expenses surged by 219.4% to RMB 52.77 per ton, primarily due to reduced use of special funds[25] - The total sales cost of olefins was RMB 7.93 billion, an increase of RMB 1.56 billion compared to RMB 6.37 billion in the same period last year[30] Strategic Outlook - The company anticipates stable production and sales growth, aiming for steady profit increases in the next reporting period[38] - The company plans to maintain a reasonable coal price range amid stable economic growth in China[38] - The company appointed a new Chief Financial Officer on January 22, 2017, to enhance financial management[30]

Financial Performance - The company expects a net profit attributable to shareholders of between 100,000 million and 130,000 million yuan for Q1 2017, marking a turnaround from a loss in the same period last year [4]. - In the same period last year, the net profit attributable to shareholders was -22,308.2 million yuan, with an earnings per share of -0.017 yuan [6][7]. - The significant improvement in performance is attributed to the stabilization and recovery of coal prices in the market, along with the company's strategic production and sales arrangements [8].

Financial Performance - The net profit attributable to shareholders for the year ended December 31, 2016, was CNY 1,715,105,000 under IFRS and CNY 2,026,530,000 under Chinese GAAP[2]. - The company's operating revenue for 2016 was CNY 60,631,613 thousand, representing a 2.3% increase compared to CNY 59,270,865 thousand in 2015[21]. - The net profit attributable to shareholders for 2016 was CNY 2,026,530 thousand, a significant recovery from a loss of CNY 2,520,089 thousand in 2015, marking a 180.4% increase[21]. - The total profit reached 3.371 billion RMB, an increase of 5.896 billion RMB compared to the previous year[32]. - The company's total revenue for 2016 was CNY 60.632 billion, with a year-on-year increase of 2.3%[109]. - The company's total profit in 2016 increased by CNY 58.96 billion to CNY 33.71 billion, compared to a loss of CNY 25.25 billion in 2015[104]. - The net profit attributable to shareholders of the parent company rose to CNY 2.027 billion in 2016, an increase of CNY 4.547 billion from a loss of CNY 25.20 billion in 2015[106]. Cash Flow and Dividends - The net cash flow from operating activities increased by 65.7% to CNY 12,067,759 thousand in 2016, up from CNY 7,284,642 thousand in 2015[21]. - The board proposed a cash dividend of CNY 0.039 per share, totaling CNY 514,531,500, which is 30% of the net profit under IFRS[2]. - The company executed its cash dividend policy, distributing at least 20% of the distributable profits each year when conditions permit[180]. - The company has maintained a stable profit distribution policy since its listing, with cumulative cash dividends of 834.32 million CNY from 2014 to 2016, including 514.53 million CNY in the reporting period[181]. Risk Management - The company faces significant risks including price volatility of coal and coal chemical products due to macroeconomic slowdown and market supply-demand changes[5]. - The company emphasizes the importance of risk management and is continuously improving its risk control system[5]. - The company operates in a high-risk environment due to safety management requirements in coal mining and chemical production[5]. - The company will focus on risk prevention and control to ensure stable development amid economic slowdown and coal market volatility[153]. - The company acknowledges potential adjustments to its operational plans based on actual execution and market conditions, emphasizing the need for investor risk awareness[153]. Production and Sales - The company completed a coal production of 80.99 million tons in 2016, with a total coal sales volume of 132 million tons[33]. - The company’s coal sales volume for self-produced coal decreased by 17.5% year-on-year to 8.026 million tons, with thermal coal sales down by 20.1%[49]. - The company’s buyout trade coal sales volume increased by 33.6% year-on-year to 48.2 million tons[49]. - The company completed a total of 80.67 million tons of self-produced coal sales, exceeding the annual plan by 670,000 tons[48]. - The company’s coal production in 2016 was 80.99 million tons, with self-produced commercial coal sales reaching 80.67 million tons[152]. Assets and Liabilities - The total assets decreased by 5.9% to CNY 241,848,785 thousand at the end of 2016, down from CNY 256,979,526 thousand at the end of 2015[21]. - The total liabilities decreased by 10.9% to 1,398.88 billion yuan, with non-current liabilities accounting for 56.1% of total liabilities[124]. - The company's long-term borrowings amounted to CNY 434.97 billion as of December 31, 2016, a decrease of CNY 109.83 billion or 20.2% compared to the previous year, mainly due to significant net cash inflows from operating activities[127]. - The company's accounts payable balance was CNY 181.14 billion, a decrease of CNY 9.25 billion or 4.9% compared to December 31, 2015[126]. Research and Development - The total R&D investment for 2016 amounted to 6.44 billion yuan, representing 1.06% of the company's operating revenue[115]. - The company received 190 new patent authorizations, enhancing its core technology competitiveness[115]. - The company plans to enhance internal reforms and promote innovation to stimulate new vitality within the enterprise[153]. Strategic Initiatives - The company is actively participating in the integration of coal resources and related businesses, which is expected to enhance its competitive edge in the clean energy supply sector[39]. - The company plans to leverage national supply-side structural reforms to promote capacity reduction and structural adjustments, aiming for sustainable development in the coal industry[39]. - The company plans to invest in coal, coal chemical, and electric power industries, aligning with national policies on coal mine reduction and orderly development of coal power projects[154]. - The company is committed to environmental protection and sustainable development, actively promoting green initiatives and resource conservation[161]. Compliance and Governance - There were no non-operational fund occupations by controlling shareholders or related parties during the reporting period[4]. - The company has not violated decision-making procedures for providing guarantees[5]. - The audit report for the 2016 financial statements was issued by PwC with a standard unqualified opinion[4]. - The company’s internal control and social responsibility reports were reviewed and deemed to accurately reflect the company's internal control and social responsibility performance[175]. - The company has no major litigation or arbitration matters during the reporting period[191].

Financial Performance - The company expects a net profit attributable to shareholders of between 1.8 billion and 2.2 billion yuan for the year 2016, marking a significant turnaround from a net loss of 2.52 billion yuan in the previous year[3][5] - The earnings per share for the previous year was -0.19 yuan, indicating a substantial improvement in profitability for 2016[6] Factors Contributing to Turnaround - The main reasons for the turnaround include stabilization and recovery of coal prices, optimized product structure, strict cost control, and disposal of low-profit assets[7]

Financial Performance - Net profit attributable to shareholders was CNY 893,691,000, a significant recovery from a loss of CNY 1,666,302,000 in the same period last year[7]. - The company reported a basic earnings per share of CNY 0.07, recovering from a loss of CNY 0.13 per share in the previous year[7]. - The company's total profit amounted to RMB 1,265,574,000, a significant improvement from a loss of RMB 1,776,302,000 in the previous year, marking a 171.2% increase[17]. - Net profit for Q3 2016 was CNY 416,640 thousand, compared to a net loss of CNY 597,500 thousand in Q3 2015[43]. - The profit attributable to the parent company's shareholders for Q3 2016 was CNY 277,284 thousand, recovering from a loss of CNY 701,097 thousand in the same period last year[43]. - Net profit for the first nine months of 2023 was a loss of RMB 386,156 thousand, an improvement from a loss of RMB 930,934 thousand in the same period last year[46]. Revenue and Sales - Urea sales increased by 34.0% to 157,000 tons compared to the same period last year[9]. - Total operating revenue for Q3 2016 was CNY 15,188,449 thousand, a slight increase from CNY 15,132,279 thousand in Q3 2015[42]. - The total revenue from coal business for the first nine months of 2016 was RMB 29.977 billion, a decrease of RMB 1.665 billion from RMB 31.642 billion in the same period last year[19]. - Operating revenue for Q3 2023 reached RMB 8,817,095 thousand, a 32.7% increase from RMB 6,640,571 thousand in Q3 2022[45]. Cash Flow and Liquidity - Operating cash flow increased by 376.2% to CNY 6,088,211,000 year-to-date[7]. - The company's operating cash flow net amount reached RMB 6,088,211,000, compared to RMB 1,278,551,000 in the previous year, indicating improved operational performance[19]. - Cash flow from operating activities generated a net inflow of RMB 6,088,211 thousand, compared to RMB 1,278,551 thousand in the previous year[49]. - The company experienced a net decrease in cash and cash equivalents of $2,554,193 compared to an increase of $1,505,362 in the previous year[55]. Assets and Liabilities - Total assets decreased by 6.5% to CNY 240,324,865,000 compared to the end of the previous year[7]. - The company's total assets amounted to CNY 240,324,865 thousand, a decrease from CNY 256,979,526 thousand at the beginning of the year[36]. - The total liabilities of the company as of September 30, 2016, were CNY 139,519,453 thousand, down from CNY 156,962,323 thousand at the beginning of the year[37]. - Total liabilities decreased to CNY 62,807,040 thousand in Q3 2016 from CNY 75,202,255 thousand in Q3 2015, a reduction of approximately 16.5%[42]. Cost Management - The company's gross profit from coal business was RMB 9.262 billion, down from RMB 9.868 billion, reflecting a decrease of RMB 606 million[19]. - The unit sales cost of self-produced coal decreased by 15.70 RMB/ton (9.4%) to 152.01 RMB/ton compared to 167.71 RMB/ton in the previous year[22]. - The unit material cost (excluding purchased raw coal) decreased by 2.49 RMB/ton (6.0%) to 38.86 RMB/ton[23]. - The company’s financial expenses for the first nine months increased to RMB 1,493,205 thousand, compared to RMB 1,195,599 thousand in the same period last year[45]. Investment and Financing - The company's investment income surged by 386.6% to RMB 1,339,608,000, primarily due to gains from equity transfers and increased investment income from associates[17]. - The company successfully issued a short-term financing bond of 30 billion RMB in August 2016, following the registration of 10 billion RMB[26]. - Cash inflow from investment activities surged to $17,834,991 from $5,415,953, marking a substantial increase of approximately 228.5%[54]. - Cash inflow from financing activities totaled $5,010,000, down from $18,790,977, a decline of approximately 73.3%[55]. Market Strategy and Future Outlook - The company plans to continue focusing on coal and chemical production while exploring new market opportunities[6]. - The company expects a significant increase in net profit for the year 2016 compared to the previous year due to the stabilization and recovery of coal prices, effective production arrangements, and cost control measures[33]. - The company is actively disposing of low-profit assets that are not closely related to its main business[33].

Financial Performance - The net profit for the first half of 2016 was 899 million yuan, a significant turnaround from a net loss of 737 million yuan in the same period of 2015, representing a 222.0% increase[14]. - The net profit attributable to shareholders for the first half of 2016 was RMB 616,407, a significant improvement from a loss of RMB 965,205 in the previous year, representing a 163.9% increase[34]. - The company achieved a net profit of 616 million yuan, an increase of 1.581 billion yuan year-on-year, laying a solid foundation for turning losses into profits for the year[44]. - The total profit for the period was CNY 748 million, an increase of CNY 1.737 billion year-on-year[58]. - The company reported a total gain from equity transfers of RMB 929 million during the reporting period[163]. Revenue and Sales - The total sales volume of coal increased by 2.1% to 6,547,000 tons, up from 6,412,000 tons year-on-year[10]. - The sales volume of urea increased by 35.5% to 1.152 million tons, up from 850,000 tons year-on-year[7]. - The company reported a significant increase in the sales volume of polypropylene by 12.6%, reaching 1.79 million tons compared to 1.59 million tons in the previous year[7]. - The company achieved a total coal sales volume of 65.47 million tons, representing a year-on-year increase of 2.1%[50]. - The revenue from buyout trade coal increased by 20.1% to CNY 69.59 billion, with inter-segment revenue growth of 18.5% to CNY 63.48 billion[77]. Operating Costs and Efficiency - The company's operating income decreased by 11.6% to 26.301 billion yuan from 29.747 billion yuan year-on-year[14]. - The company's operating costs for the first half of 2016 were 18.183 billion yuan, a decrease of 2.319 billion yuan or 11.3% from 20.502 billion yuan in the first half of 2015[67]. - The unit sales cost of self-produced commodity coal decreased by 17.2% year-on-year, contributing to improved operational efficiency[44]. - The company's coal business operating costs fell by 8.1% to CNY 129.73 billion, with material costs decreasing by 22.8% to CNY 15.39 billion[80]. - The unit labor cost decreased by 1.85 yuan/ton, resulting in a total reduction of 249 million yuan in labor costs[89]. Assets and Liabilities - The company's total assets as of June 30, 2016, were 253.914 billion yuan, a slight decrease of 1.2% from 256.979 billion yuan at the end of 2015[14]. - The total liabilities decreased to CNY 153,519,977 from CNY 156,962,323, indicating a decrease of 2.93%[197]. - The company's total current assets decreased to CNY 40,722,483 from CNY 43,695,121, a decline of 6.77%[200]. - The company's capital debt ratio decreased to 52.5% from 53.1% at the beginning of the year[60]. - The company's total assets decreased by 6.51 billion RMB in accounts receivable, down 6.7% to 90.29 billion RMB, reflecting improved collection efforts[117]. Production and Operations - The company's coal production decreased by 12.7% to 4,038,000 tons in the first half of 2016 compared to 4,627,000 tons in the same period of 2015[7]. - The company completed the production of polyolefins at 354,000 tons, an increase of 2.3% year-on-year, and urea production at 983,000 tons, up 10.6% year-on-year[43]. - The coal market demand remains sluggish, with coal production decreasing by 12.7% year-on-year, totaling 40.38 million tons[48]. - The company has committed to invest 4.158 billion RMB in the Ordos coal deep processing and chemical demonstration project, which is currently under construction[137]. - The company has completed the construction of the Yan'an He Caogou Coal Mine project, which has a production capacity of 3 million tons per year[139]. Investment and Capital Expenditure - Capital expenditure for 2016 was planned at 13.870 billion yuan, with 4.815 billion yuan completed in the first half, representing 34.72% of the annual plan[125]. - The company completed external equity investments totaling 664 million yuan in the first half of 2016, including 613 million yuan for increasing capital in Zhongtian Hechuang Company[130]. - The company has a total of 257.42 billion RMB in committed project funds, with 220.64 billion RMB already invested, representing 87.1% of the net amount raised from A shares[140]. - The expected return on the Ordos coal project is 13.94%, with the project progressing as planned[137]. - The company has reported a loan amount of 50 million RMB to Yan'an He Caogou Coal Industry Co., with an interest rate of 6.60% for project construction[133]. Market and Strategic Focus - The company plans to strengthen production and sales organization, deepen reform and innovation, and enhance risk control in the second half of the year[45]. - The company aims to expand sales channels and improve marketing capabilities to enhance market development[45]. - The company is focusing on optimizing investment structure and strictly managing project investments to support key project construction[46]. - The company is actively managing its assets, disposing of low-profit assets, and focusing on core business areas[151]. - The company plans to enhance its market expansion strategies and invest in new technologies to improve operational efficiency[78].

Financial Performance - The company expects a net profit attributable to shareholders of between 350 million and 520 million yuan for the first half of 2016, marking a turnaround from a loss in the same period last year[3] - In the same period last year, the net profit attributable to shareholders was a loss of 965.205 million yuan[5] - The earnings per share for the previous year was -0.07 yuan[6] Reasons for Turnaround - The main reasons for the turnaround include optimized product structure, strict cost control, and the stabilization and recovery of coal prices due to national policies on capacity reduction and supply-side reform[7] Financial Data Disclaimer - The financial data provided is preliminary and subject to change upon the official release of the half-year report[8]