Core Viewpoint - Mongolian Coal (00975) has issued a profit warning, expecting a loss of $15 million to $25 million for the first half of the year, compared to a net profit of $133 million in the same period last year, indicating a significant shift from profit to loss due to declining sales prices of washed coking coal and one-time projects related to debt refinancing [1] Financial Performance - The company anticipates a loss of $15 million to $25 million for the first half of 2025, contrasting with a net profit of $133 million in the same period of the previous year [1] - The decline in profit is primarily attributed to reduced sales prices of washed coking coal, leading to decreased revenue compared to the same period in 2024 [1] Operational Data - In the second quarter, the company's wholly-owned subsidiary Energy Resources LLC and its controlling subsidiary Khangad Exploration LLC mined a total of 3.4284 million tons of raw coal, representing a year-on-year decrease of 28% and a quarter-on-quarter decrease of 7% [1] - During the same period, the processing of raw coal reached 3.6057 million tons, with washed coking coal production at 2.1781 million tons, showing a quarter-on-quarter increase of 3% but a year-on-year decrease of 2% [1] - Total sales of washed coking coal for the second quarter amounted to 1.7397 million tons, reflecting a year-on-year decrease of 25% but a quarter-on-quarter increase of 9% [1]
港股异动 | 蒙古焦煤(00975)早盘跌近4% 洗选焦煤销售价格下降 公司预计上半年纯利由盈转亏