Core Viewpoint - The company reported a significant increase in revenue but faced a net loss due to changes in product mix and market conditions [1] Financial Performance - Revenue for the first three quarters of 2025 was approximately $427 million, representing a year-on-year increase of 33.95% [1] - The net loss attributable to equity holders was approximately $56.05 million, a shift from profit to loss compared to the previous year [1] - Earnings per share were reported at a loss of $0.189 [1] Operational Insights - Revenue growth was driven by an expanded sales network, diversified customer base, and increased sales of coal products [1] - The company experienced an operating loss of $28.9 million in the first nine months of 2025, compared to an operating profit of $74.9 million in the same period of 2024 [1] Market Conditions - The financial performance was negatively impacted by a decline in average selling prices and changes in product mix, primarily due to increased sales of higher-cost processed coal in Q2 2025 [1] - The company recorded a coal inventory impairment loss of $12.3 million [1] Sales Volume and Pricing - Sales volume for the first nine months of 2025 was 8.1 million tons, compared to 4.4 million tons in the same period of 2024 [1] - The average selling price per ton was $53.0 in the first nine months of 2025, down from $73.3 in the same period of 2024 [1] - The decline in average selling price was attributed to the downturn in the Chinese coal market since 2024, leading to a shift towards selling a higher proportion of lower-priced coal products [1]
南戈壁公布前三季度业绩 公司权益持有人应占净亏损约5605.4万美元 同比盈转亏