Yankuang Energy's Australian Arm Posts Steep 89.57% Drop in Half-Year Net Profit
Stock News
Aug 19
Yankuang Energy (HKG: 01171) has unveiled the interim results for its subsidiary, Yancoal Australia, covering the first half of fiscal year 2026.
The Australian unit recorded revenue of AU$3.024 billion, marking a 13.05% increase year-over-year. However, its after-tax profit stood at just AU$17 million, reflecting a sharp decline of 89.57% compared to the same period last year.
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