Shouhua Gas disclosed its 2026 semi-annual report. First-half net profit attributable to the parent company was 187 million yuan, a sharp year-on-year increase of 2131.55%. The company achieved operating revenue of 1.747 billion yuan in the first half, up 30.52% year on year, mainly due to increased production at the Shilouxi block and higher output from external gas suppliers. The gross margin of the natural gas business was 25.31%, up 11.72 percentage points from the same period last year, nearly doubling. The company produced 588 million cubic meters of natural gas in the first half, up 39% year on year, and sold 801 million cubic meters, up 25% year on year. Second-quarter net profit attributable to the parent company was about 133 million yuan, up about 149.6% quarter on quarter. The company is also advancing restricted stock and stock appreciation rights incentive plans, granting 4.3424 million restricted shares to 35 incentive recipients and 5.89 million stock appreciation rights to 11 incentive recipients, with both the grant price and exercise price set at 9.87 yuan per share.
Sino Prima Gas Technology Co LtdFirst-half net profit surged 2131.55% year on year, with gross margin nearly doubling.
