Huashang Energy (00206) announced interim results, with shareholders accounting for a loss of US$9.303 million

According to the Zhitong Finance App, Huashang Energy (00206) announced its 2026 interim results, with revenue of US$63.29 million, up 1.1% year on year; loss due to company owners was US$9.303 million, profit of US$2.724 million for the same period last year; basic loss per share was 0.29 US cents.

The increase in revenue during the period was mainly due to an increase in order delivery. The gross margin fell from 24.8% in the first half of 2025 to 8.6% in the first half of 2026. The lower gross margin was mainly due to project accrual provisions.