2025年8月15日，白云山发布半年度业绩报告，报告显示，期内集团实现营业收入418.35亿元，同比增 长1.93%；实现利润总额为30.90亿元，同比下降4.30%；实现归属于本公司股东的净利润为25.16亿元， 同比下降1.31%。白云山表示，集团利润同比去年同期有所下降的主要原因是受需求不足、行业竞争加 剧及行业政策等因素的持续影响，本集团部分业务经营业绩有所下降。分产品来看，期内白云山中成药 实现营收32.46亿元，同比下降20.12%；化学药实现营收19.94亿元，同比下降5.85%；大南药合计实现 营收52.41亿元，同比下降15.23%。 ...

Core Viewpoint - Mongolian Coal (00975) has issued a profit warning, expecting a loss of $15 million to $25 million for the first half of the year, a significant decline from a net profit of $133 million in the same period last year, indicating a shift from profit to loss due to falling sales prices of washed coking coal and one-time refinancing costs [1][1][1] Financial Performance - The company anticipates a loss of $15 million to $25 million for the first half of 2025, compared to a net profit of $133 million in the same period of 2024, marking a year-on-year transition from profit to loss [1][1][1] - The decline in profit is primarily attributed to decreased sales prices of washed coking coal, leading to reduced revenue for the first half of 2025 compared to the same period in 2024 [1][1][1] Operational Data - In the second quarter, the company's wholly-owned subsidiary Energy Resources LLC and its controlling subsidiary Khangad Exploration LLC mined a total of 3.4284 million tons of raw coal, representing a year-on-year decrease of 28% and a quarter-on-quarter decrease of 7% [1][1][1] - During the same period, the processing of raw coal reached 3.6057 million tons, with washed coking coal production at 2.1781 million tons, showing a quarter-on-quarter increase of 3% but a year-on-year decrease of 2% [1][1][1] - The total sales of washed coking coal for the second quarter amounted to 1.7397 million tons, reflecting a year-on-year decrease of 25% but a quarter-on-quarter increase of 9% [1][1][1]