Hilong Holdings (01623) announced interim results with profit attributable to shareholders of 598.96 million yuan, turning a year-on-year loss into a profit

According to the Zhitong Finance App, Hilong Holdings (01623) announced interim results for the six months ended June 30, 2026, with revenue of 2,356 billion yuan (RMB, same below), up 1.44% year on year; profit attributable to shareholders was 598.96 million yuan, loss of 324 million yuan for the same period last year; basic earnings per share were 0.0365 yuan. It is proposed to declare an interim dividend of HK$0.003 per share.

According to the announcement, the increase in revenue was mainly due to an increase in revenue from oil casing trading business and integrated drilling and completion technology services under oilfield services in the medium term compared to the same period in 2025.