Group 1 - Yancoal Australia experienced a decline of over 3% in stock price, closing at 26.32 HKD with a trading volume of 250.04 million HKD [1] - The company reported a year-on-year decrease of 17.6% in average coal prices for Q3 2025, dropping to 140 AUD/ton, with thermal coal and metallurgical coal prices falling by 17.2% and 24.7% respectively [1] - The decline in average prices aligns with market trends, while logistics issues due to weather conditions led to a year-on-year drop in equity sales during the first half of the year [1] Group 2 - According to CMB International, Yancoal Australia's production decreased by 9% year-on-year in Q3 due to rainfall, while sales increased by 3% as previous shipment delays improved [2] - The comprehensive average price for the period fell by 18% year-on-year, consistent with market trends, leading to an estimated revenue of approximately 1.48 billion AUD, a year-on-year decline of 17% but a quarterly increase of 30% [2] - The firm has revised down its profit forecasts for Yancoal Australia for the fiscal years 2025 to 2027 by 54%, 49%, and 40% respectively, primarily due to lowered average price predictions for thermal and metallurgical coal, although a slight increase in sales forecast was noted due to the Moolarben mine [2]
港股异动 | 兖煤澳大利亚(03668)低开逾3% 三季度煤炭平均售价同比下跌 煤价疲弱使其短期欠缺催化剂