China's coal mining and washing industry earned a total profit of 224.64 billion yuan ($31.54 billion) in January-September 2025, plummeting 51.1% from a year earlier, according to data from the National Bureau of Statistics (NBS).

Revenue for the industry stood at 1.88 trillion yuan during the period, down 20% on the year, while costs were 1.37 trillion yuan, 13% lower than the year-ago level.

Profits across all mining industries declined 29.3% year on year to 636.92 billion yuan in the first nine months this year, while revenue amounted to 3.82 trillion yuan, down 12.5% from a year ago. Costs were 2.64 trillion yuan, an 8% fall.

Major industrial firms with annual revenue of over 20 million yuan from main businesses reported profits of 5.37 trillion yuan in the January to September period, up 3.2% on the year. Their revenue came in at 102.08 trillion yuan, up 2.4% year on year, while total costs rose 2.6% to 87.34 trillion yuan, the NBS data showed.