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Shengli Oil & Gas Pipe swings to FY26 H1 profit of RMB 28.95 million; revenue rises 65.1% to RMB 618.77 million

PUBT·08/21/2026 13:18:06
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Shengli Oil & Gas Pipe swings to FY26 H1 profit of RMB 28.95 million; revenue rises 65.1% to RMB 618.77 million
  • Shengli Oil & Gas Pipe posted a return to profit for H1, with profit attributable to shareholders of RMB 28.95 million versus a prior-year loss.
  • Revenue climbed 65.1% to RMB 618.77 million, while gross margin widened 1 percentage point to 12.9%.
  • Basic earnings were RMB 0.75 cents per share, reversing from a prior-year loss per share.
  • Pipe business segment result rose to RMB 39.49 million; trading segment result was a loss of RMB 1.22 million.
  • Management cited new PipeChina project wins and renewal of the 2025-2026 centralized procurement program, alongside progress in smart-factory and green initiatives.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shengli Oil & Gas Pipe Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260821-12294950), on August 21, 2026, and is solely responsible for the information contained therein.