Core Viewpoint - Yancoal Australia (03668) reported a significant decline in revenue and profit for the half-year ending June 30, 2025, primarily due to decreased coal sales revenue and lower average selling prices for self-produced coal [1][2]. Group 1: Financial Performance - The company's revenue for the half-year was AUD 2.675 billion, a decrease of 14.75% year-on-year [1]. - Shareholders' profit attributable to the company was AUD 163 million, down 61.19% compared to the previous year [1]. - Basic earnings per share were 12.4 Australian cents, with an interim dividend proposed at AUD 0.062 per share [1]. Group 2: Coal Sales and Pricing - Coal sales revenue fell from AUD 3.030 billion in the first half of 2024 to AUD 2.558 billion in the first half of 2025, a decline of 16% [1]. - The average selling price of self-produced coal decreased from AUD 176 per ton in the first half of 2024 to AUD 149 per ton in the first half of 2025, a reduction of 15% [1]. - The Newcastle thermal coal index average price dropped by USD 28 per ton (21%) during the same period, while the API5 coal index and semi-soft coking coal benchmark prices also saw declines of USD 19 per ton (21%) and USD 41 per ton (27%), respectively [1]. Group 3: Production and Supply Chain - The company's self-produced coal sales volume decreased by 2% from 16.9 million tons in the first half of 2024 to 16.6 million tons in the first half of 2025 [2]. - Despite the decline in sales volume, the equity commodity coal production increased by 11% during the same period [2]. - Supply chain disruptions, including railway network interruptions and shipping restrictions at Newcastle Port, led to significant coal stockpiling, contributing to the reduced sales volume and higher inventory levels at the end of the period [2].
兖煤澳大利亚(03668)发布中期业绩 股东应占溢利1.63亿澳元 同比减少61.19%