HIDILI INDUSTRY (01393) has released its interim results for the six months ended June 30, 2026, reporting revenue of RMB 872 million, a decrease of 13.5% year-on-year. The company recorded a loss attributable to shareholders of RMB 167 million, narrowing by 32.35% compared to the same period last year, with a basic loss per share of RMB 0.036.

According to the announcement, group revenue for the review period was approximately RMB 872 million, down about 13.5% from the corresponding period in 2025. During the review period, driven by demand from steel enterprises, the market price of clean coal rebounded, with the company's average selling price reaching approximately RMB 1,305.2 per tonne, an increase of about 17.0% from the same period in 2025. However, due to a decline in raw coal production, sales volume of clean coal dropped from approximately 847,100 tonnes in the same period of 2025 to about 619,000 tonnes, a decrease of roughly 26.9%.

Where to begin: The interim results highlight a mixed performance, with price gains partially offsetting lower volumes in the clean coal segment.

Why focus on a single stock? The narrowing loss underscores the impact of improved pricing dynamics amid ongoing operational adjustments in production output.