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] Group 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 last year, marking a year-on-year shift from profit to loss [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] Group 2: 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] - 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] - 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]

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]

智通财经APP获悉，蒙古焦煤(00975)早盘跌近4%，截至发稿，跌3.4%，报8.24港元，成交额2700.68万 港元。 消息面上，蒙古焦煤发布盈警，预计上半年亏损1500万至2500万美元，去年同期净利润为1.33亿美元， 同比由盈转亏。公告称，有关利润下降主要由于洗选焦煤销售价格下降导致集团2025年上半年产生的收 益较2024年同期减少及与债务再融资有关的一次性项目。 值得注意的是，蒙古焦煤此前公布二季度营运数据，全资附属Energy Resources LLC及控股附属公司 Khangad Exploration LLC合共开采原煤342.84万吨，同比减少28%，环比减少7%；期内加工焦煤原煤 360.57万吨，并生产洗选焦煤217.81万吨，环比增长3%，同比减少2%。第二季ER及KEX共售出洗选焦 煤173.97万吨，同比减少25%，环比增长9%。 ...

Group 1 - The core viewpoint of the article indicates that MONGOL MINING (00975) is expected to report a significant decline in net profit, projecting a net loss of approximately $15 million to $25 million for the first half of 2025, compared to a net profit of $132.9 million in the first half of 2024 [1] - The decline in profit is primarily attributed to a decrease in the selling price of washed coking coal, which has led to reduced revenue for the group in the first half of 2025 compared to the same period in 2024 [1] - Additionally, the company is facing one-time costs related to debt refinancing, which further impacts its financial performance [1]