Xin Lang Cai Jing·2025-10-29 05:19Core Viewpoint - The report from Guohai Securities indicates that China Coal Energy achieved a net profit attributable to shareholders of 12.485 billion yuan in the first three quarters of 2025, representing a year-on-year decrease of 14.6% [1] Financial Performance - In Q3, the net profit attributable to shareholders was 4.78 billion yuan, showing a quarter-on-quarter increase of 28.3% [1] - The improvement in Q3 performance is attributed to the rise in coal prices, a decrease in costs, and enhanced profitability in the chemical segment [1] Future Outlook - The company has a high proportion of long-term contracts, indicating strong performance stability and a long resource extraction duration [1] - With the upcoming production from the Libi coal mine and Weizigou coal mine, along with the gradual ramp-up of coal chemical business, there is still potential for profit growth [1] - The company is increasing dividends to enhance shareholder returns, maintaining a "buy" rating [1]