JSW reports 3.31 million tons in update for Jastrzebska Spolka Weglowa stock

Published on 10/18/2026 at 13:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Coal output rose 2.70 percent to 3.31 million tons in the third quarter. Jastrzebska Spolka Weglowa stock closed at PLN 32.85 on October 16, 2026.

Operational recovery under pressure

JSW produced 3.31 million tons of coal in the third quarter on October 16, 2026.
First-half net loss reached PLN 1.04 billion on September 29, 2026.
Analyst fair value rose from PLN 25.25 to PLN 29.66 on October 13, 2026.

JSW, PLJSW0000015, Illustration mit AI erstellt.

JSW (ISIN PLJSW0000015) produced 3.31 million tons of coal and 0.74 million tons of coke in the third quarter of 2026, according to JSW on October 16, 2026. Coal output rose 2.70 percent from the second quarter, while coke production increased 10.60 percent.

What changed in third quarter?

The operating update shows better quarterly production, but the nine-month picture still reflects a difficult recovery. JSW produced 9.77 million tons of coal and 2.17 million tons of coke during the first nine months of 2026, reaching 73.50 percent and 66.50 percent of its annual production plans, respectively.

Coal sales totaled 3.21 million tons in the third quarter, up 7.80 percent from the second quarter but down 9.70 percent year over year. Coke sales reached 0.72 million tons, while the average contract price for coking coal sold to external customers was PLN 754.83 per ton.

Three dates define the recovery

On September 29, 2026, JSW reported a first-half net loss of PLN 1.04 billion and negative EBITDA of PLN 140.60 million. On October 2, 2026, the company said a force majeure event could reduce 2026 production by 157,000 tons, as reported by Biznes24. The October 16 operating release then supplied the third-quarter production figures.

What does the loss mean?

The improvement in quarterly output does not yet remove the financial strain. In the second quarter, revenue reached PLN 2.25 billion, up 7.10 percent from the first quarter, while the net loss narrowed to PLN 427.50 million from PLN 615.90 million.

Valuation expectations moved higher even as operating risks remained visible. Simply Wall St reported on October 13, 2026 that analyst fair value rose from PLN 25.25 to PLN 29.66. That higher estimate sits alongside lower production targets and the force majeure risk.

GPW price keeps the risk visible

On the GPW, JSW closed at PLN 32.85 on October 16, 2026. The stock's operating recovery therefore remains tied to production delivery, coal pricing and the company's ability to reduce losses.

The further course of trading is shown by the continuously updated real-time quote of Jastrzebska Spolka Weglowa stock.