# CICC Raises Yancoal Australia's Profit Forecast

> CICC boosts Yancoal Australia's 2026 earnings forecast by 12% to A$560 million amid rising coal prices.
- Title: CICC Raises Yancoal Australia's Profit Forecast | Shortify
- Summary: CICC boosts Yancoal Australia's 2026 earnings forecast by 12% to A$560 million amid rising coal prices. CICC raised Yancoal Australia's 2026 earnings…
- Keywords: yancoal australia, cicc, moorabool coal mine, kestrrel coal mine, newcastle thermal coal, api5 thermal coal, australian dollar, 2026 earnings forecast, profit elasticity, finance, markets, Raises
- Source: BigGo Finance — https://finance.biggo.com/news/ae1a9439-4a58-4062-b036-c9ab1e4ec8bb
- Author: BigGo Finance
- Published: 2026-10-22T03:35:50+00:00
- Read time: 1 min
- Topics: yancoal australia, cicc, moorabool coal mine, kestrrel coal mine, newcastle thermal coal, api5 thermal coal, australian dollar, 2026 earnings forecast, profit elasticity, finance, markets
## Yancoal Australia Q3 Report
Yancoal Australia released Q3 2026 operating report showing attributable saleable coal production of about 9.4 million tonnes.
## Q3 Sales and Output Trends
Attributable sales of self-produced coal fell 16% year-on-year to 9.0 million tonnes, down 23% quarter-on-quarter.
## Price Performance Highlights
Average realized price of self-produced coal reached australian dollars 170 per tonne, up 21% year-on-year.
## CICC's Q4 Outlook
CICC believes higher volumes and prices in Q4 could unlock profit elasticity with Newcastle thermal coal prices near full-year highs.
## Earnings Forecast Lift
CICC raised its 2026 earnings forecast by 12% to australian dollars 560 million, maintaining hk$39 target price.
## Key Risks and Challenges
Higher-than-expected costs and coal price declines remain risks for Yancoal Australia's profit performance.
## What Happens Next
Investors will monitor Kestrel mine integration progress and coal price stability in Q4 for profit elasticity.
## Key takeaway

CICC raised Yancoal Australia's 2026 earnings forecast by 12% to A$560 million as coal prices rise.