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Shengli Oil & Gas Pipe Holdings Ltd. ( (HK:1080) ) just unveiled an announcement.
Shengli Oil & Gas Pipe Holdings Ltd. reported an increase in revenue by 12.4% to approximately RMB374,825,000 for the first half of 2025 compared to the same period in 2024. Despite the rise in revenue and a slight improvement in gross profit margin, the company still faced a loss attributable to its owners amounting to approximately RMB24,146,000. The comprehensive loss for the period was reduced from the previous year, yet no interim dividend was declared, indicating ongoing financial challenges.
More about Shengli Oil & Gas Pipe Holdings Ltd.
Shengli Oil & Gas Pipe Holdings Ltd. is a company incorporated in the Cayman Islands, primarily operating in the oil and gas industry. The company focuses on the production and supply of pipes used in the transportation of oil and gas, serving various stakeholders in the energy sector.
YTD Price Performance: 183.87%
Average Trading Volume: 12,810,126
Technical Sentiment Signal: Buy
Current Market Cap: HK$340.9M
Find detailed analytics on 1080 stock on TipRanks’ Stock Analysis page.