Xinjiang Zhundong PetroleumNet loss and negative margins persist despite revenue growth

ST Zhunyou released its 2026 interim report. As of June 30, total operating revenue was 157 million yuan, an increase of 35.0901 million yuan compared with the same period last year, up 28.85 percent year-on-year, marking five consecutive years of growth. Net profit attributable to the parent company was negative 18.6896 million yuan, an improvement of 238,300 yuan compared with the same period last year, with the loss narrowing year-on-year. Net cash outflow from operating activities was 64.961 million yuan, a decrease of 16.7786 million yuan in net outflow compared with the same period last year. The company's latest asset-liability ratio was 97.21 percent, gross margin was negative 2.95 percent, return on equity was negative 217.42 percent, and diluted earnings per share was negative 0.07 yuan.
Xinjiang Zhundong PetroleumNet loss and negative margins persist despite revenue growth