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The latest announcement is out from Shandong Molong Petroleum Machinery ( (HK:0568) ).
Shandong Molong Petroleum Machinery Company Limited reported its interim results for the six months ended June 30, 2025, showing a significant increase in revenue by approximately 31.90% compared to the previous year, reaching RMB797.5203 million. However, the net profit attributable to equity owners dropped significantly to RMB12.1637 million from RMB170.1349 million in the same period last year. The company decided not to pay an interim dividend, reflecting the impact on its profitability despite the revenue growth.
More about Shandong Molong Petroleum Machinery
Shandong Molong Petroleum Machinery Company Limited is a Sino-foreign joint stock limited company incorporated in the People’s Republic of China. The company operates in the petroleum machinery industry, focusing on the production and supply of machinery and equipment for the petroleum sector.
Average Trading Volume: 164,650,284
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$4.66B
For a thorough assessment of 0568 stock, go to TipRanks’ Stock Analysis page.