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Shengli Oil & Gas Pipe returns to profit with RMB 28.95 million in 1H FY26; revenue rises 65.1% to RMB 618.77 million

PUBT·09/11/2026 04:06:21
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Shengli Oil & Gas Pipe returns to profit with RMB 28.95 million in 1H FY26; revenue rises 65.1% to RMB 618.77 million
  • Shengli Oil & Gas Pipe swung to profit attributable to owners of RMB 28.95 million, versus a loss of RMB 24.15 million.
  • Revenue climbed 65.1% to RMB 618.77 million, driven by higher SAWH pipe sales and anti-corrosion processing volumes.
  • Gross margin widened 1 percentage point to 12.9%.
  • Net debt gearing edged up to 57.5% from 57.0%, while cash and cash equivalents rose to RMB 121.17 million.
  • Management highlighted major PipeChina project wins and renewal of the 2025-2026 annual line pipe centralized procurement contract; no interim dividend declared.


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-20260911-12328809), on September 11, 2026, and is solely responsible for the information contained therein.