SOUTHGOBI (01878) has released its interim financial results for the first half of 2026. For the second quarter, the group recorded revenue of $212 million, a 36.31% increase year-over-year. The net loss attributable to equity holders narrowed to $5.324 million, a 76.66% reduction from the same quarter last year. Basic and diluted loss per share stood at $0.018.

For the first six months of 2026, the group achieved revenue of $381 million, up 36.99% compared to the prior-year period. The net loss attributable to equity holders was $13.36 million, representing a significant 72.74% year-over-year decrease. Basic and diluted loss per share was $0.045.

In the second quarter of 2026, the company reported an average realized selling price of $60.6 per metric ton, up from $52.6 per metric ton in the second quarter of 2025. This increase was primarily driven by a higher proportion of premium semi-soft coking coal sales, which also commanded a higher average realized price.

The product mix for the second quarter of 2026 consisted of approximately 49% premium semi-soft coking coal, 24% standard semi-soft coking coal, 18% premium thermal coal, and 9% coal by-products. This compares to the second quarter of 2025, which included about 15% premium semi-soft coking coal, 60% standard semi-soft coking coal, 22% premium thermal coal, 1% standard thermal coal, and 2% coal by-products.

The unit cost of sales for products sold in the second quarter of 2026 was $54.4 per metric ton, slightly higher than the $53.9 per metric ton recorded in the second quarter of 2025. This increase was mainly attributable to the company's expansion into certain processed coal categories with higher production costs.

Sales volume for the first six months of 2026 reached 6.6 million metric tons, compared to 5.0 million metric tons in the same period of 2025. The average realized selling price for the first half of 2026 was $57.7 per metric ton, versus $55.4 per metric ton in the first half of 2025.