Core Viewpoint - Yanzhou Coal Mining Company (兖矿能源) expects a significant decline in net profit for the first half of 2025, primarily due to falling coal prices and a generally loose supply-demand balance in the coal market [1] Financial Performance - The company anticipates a net profit attributable to shareholders of approximately 4.65 billion yuan for the first half of 2025, representing a decrease of around 2.9 billion yuan or about 38% year-on-year [1] - The expected net profit after excluding non-recurring gains and losses is about 4.4 billion yuan, also reflecting a decrease of approximately 2.9 billion yuan or 39% year-on-year [1] Operational Strategy - During the reporting period, the company optimized production organization and expanded capacity, effectively releasing the capacity of main products and achieving cost control [1] - The chemical business has shown good synergy and profit increase, partially offsetting the impact of the cyclical decline in coal prices [1] - In the second half of the year, the company plans to respond proactively to market changes, optimize production organization scientifically, enhance cost management, and expand marketing channels to maximize value creation for investors [1]
兖矿能源(600188.SH):预计半年度净利润同比减少38%左右