Guanghui Energy released a preliminary earnings increase announcement for the first three quarters of 2026 after market close on October 8, expecting third-quarter net profit attributable to the parent of 1.42 billion to 1.52 billion yuan, up 795.08% to 858.12% year on year. The company expects cumulative net profit attributable to the parent for the first three quarters of 2.7 billion to 2.8 billion yuan, up 166.83% to 176.71% year on year, with third-quarter profit alone exceeding the combined profit of the first two quarters of the year. The company said the sharp expected profit increase mainly benefited from continued recovery in the domestic energy industry, improved supply-demand conditions, full capacity release after the completion of annual maintenance at coal chemical facilities in the third quarter, continued higher output of major products, and a higher average selling price. The company also expects non-recurring gains and losses for the first three quarters to be around negative 40 million yuan, mainly affected by asset retirement losses and other factors, and noted that the figures in the announcement are preliminary calculations and have not been audited by an accounting firm. As of the close on October 8, 2026, Guanghui Energy's share price had risen 39.92% year to date.
Guanghui Energy Co LtdGuanghui Energy expects Q3 net profit attributable to parent to surge 795%-858% YoY on improved supply-demand and higher average selling prices.
