Sinopec Oilfield Equipment released its 2026 interim report, showing total operating revenue of 3.123 billion yuan, down 10.15% year-on-year. Net profit attributable to the parent company was a loss of 6.4104 million yuan, a decrease of 34.439 million yuan compared with the same period last year, down 122.87% year-on-year, swinging from profit to loss. Net cash flow from operating activities was negative 699 million yuan, a decrease of 527 million yuan year-on-year. The company's asset-liability ratio was 69.21%, gross margin was 13.11%, return on equity was negative 0.20%, and diluted earnings per share was negative 0.01 yuan. The number of shareholders was 33,300, and the top ten shareholders held 58.09% of the total share capital.
Sinopec Oilfield Equipment CorpInterim net loss of 6.41 million yuan, swinging from profit to loss, with revenue down 10.15%.
