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Jin Kong Coal Industry: Net profit of 339 million yuan in the first quarter of 2026, down 33.90% year-on-year
JinKong Coal Industry Announcement, operating revenue in the first quarter of 2026 was 3.05B yuan, a year-on-year increase of 25.66%. Net profit was 339 million yuan, a year-on-year decrease of 33.90%. Mainly due to the decline in coal quality during this period, leading to a decrease in selling price year-on-year; also due to a decrease in investment income from joint ventures and collections of long-term accounts receivable year-on-year.