Yanchang Petroleum Posts Mid-Year Loss Despite Revenue Rise

Yanchang Petroleum International Limited (HK:0346) has released an update.

Yanchang Petroleum International Limited reported a loss for the six months ending June 30, 2024, contrasting with the profit from the same period last year. The company experienced a decrease in comprehensive income, with significant losses in operating activities and other comprehensive income. Revenue increased, but this was offset by higher expenses and negative exchange differences.

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