China Risun Group Limited (China Risun or the Company, together with its subsidiaries, the Group; HKG: 1907), a leading global integrated producer and supplier of coke, coking chemicals, refined chemicals and new energy (including hydrogen energy) products, as well as a relevant operation management services provider, recently announced its unaudited interim results for the six months ended June 30, 2026. During the reporting period, the Group recorded revenue of approximately RMB21,856 million, representing a year-on-year increase of 5.2%; profit for the period reached RMB244.4 million, a substantial surge of 376.0% year-on-year; basic earnings per share was RMB4.77 cents, a sharp increase of 736.8% year-on-year. The board of directors declared an interim dividend of RMB1.44 cents per share, a significant increase of 620% compared to RMB0.20 cents per share in the same period last year, with a dividend payout ratio of not less than 30% of the profit attributable to owners of the Company for the period.Financial Performance: Overall Improvement in Profit Quality, with Gross Margin and Cash Flow Both Enhanced
In terms of profit quality, the Group's gross profit margin increased from 8.1% in the same period last year to 10.6%, with gross profit reaching RMB2,311 million, up 37.7% year-on-year. Profit from operations was RMB1,057 million, representing a year-on-year increase of 34.0%. Net cash generated from operating activities amounted to RMB2,527 million, up 35.8% year-on-year, indicating continuous improvement in cash flow. EBITDA margin increased from 8.9% to 9.8%, and return on equity surged from 0.4% to 3.4%. All core financial indicators improved across the board, reflecting the Group's significant enhancement in operational resilience and profit recovery capability amid industry cyclical fluctuations. In terms of cost control, the Group's selling and distribution expenses as a percentage of revenue remained stable at around 3.5%, while administrative expenses decreased by 8.9% year-on-year to RMB511 million, demonstrating the effectiveness of the Group's continuous efforts in cost reduction and efficiency enhancement.
All Business Segments Jointly Driven, Coke Overseas Dual Engines, Refined Chemicals Blossoming in Multiple Areas
Revenue from the coke and coking chemicals production business increased by 9.6% year-on-year to RMB6,966 million, mainly benefiting from the average selling price of coke rising by 11.3% year-on-year to RMB1,515 per ton. Leveraging its 31 years of accumulated coal blending technology advantages, the Group effectively maintained the coal-coke price spread at above RMB300 per ton, driving the segment's gross profit margin to a healthy level of 13.7%. During the period, coking coal prices rose in nine rounds and fell in two rounds, with a cumulative increase of RMB385/ton. Relying on its core competitive advantages in "sales-transportation-production-supply-R&D" accumulated over 31 years, the coking coal segment's operating revenue increased by 9.6% year-on-year, and gross profit increased by 10.5% year-on-year. Overseas business became an important growth engine. Risun Wei Shan (Indonesia) Limited recorded year-on-year increases in revenue, net profit attributable to the parent company owners, and sales volume of 976%, 1,854%, and 61%, respectively, benefiting from favorable factors such as global capacity growth from newly added and restarted blast furnaces, as well as India's cancellation of quota policies.
Click Here