---
title: "Kinetic Development forecasts 1H net profit RMB 730 million-RMB 780 million, up 31%-40%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295334751.md"
description: "Kinetic Development Group forecasts first-half 2026 net profit of RMB 730 million to RMB 780 million, representing a year-on-year increase of 31% to 40%. This growth is driven by an expected 18% rise in average coal selling prices and a 9% to 12% decrease in product costs. Additionally, administrative and selling expenses are projected to fall by 5% to 7%."
datetime: "2026-08-09T22:43:08.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295334751.md)
  - [en](https://longbridge.com/en/news/295334751.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295334751.md)
generator: "portal-rs"
---

# Kinetic Development forecasts 1H net profit RMB 730 million-RMB 780 million, up 31%-40%

-   Kinetic Development Group forecast 1H2026 net profit after tax of RMB 730 million to RMB 780 million, up 31% to 40% year on year. \* Average coal selling prices expected to rise about 18% year on year on a rebound in market coal prices. \* Average coal product costs seen down about 9% to 12% year on year; administrative expenses, selling expenses expected to fall about 5% to 7%. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kinetic Development Group Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260810-12278033), on August 09, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**