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Shengli Oil & Gas Pipe swings to FY26 H1 profit of RMB 28.95 million; revenue rises 65.1% to RMB 618.77 million
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Shengli Oil & Gas Pipe swings to FY26 H1 profit of RMB 28.95 million; revenue rises 65.1% to RMB 618.77 million
  • Shengli Oil & Gas Pipe posted a return to profit for H1, with profit attributable to shareholders of RMB 28.95 million versus a prior-year loss.
  • Revenue climbed 65.1% to RMB 618.77 million, while gross margin widened 1 percentage point to 12.9%.
  • Basic earnings were RMB 0.75 cents per share, reversing from a prior-year loss per share.
  • Pipe business segment result rose to RMB 39.49 million; trading segment result was a loss of RMB 1.22 million.
  • Management cited new PipeChina project wins and renewal of the 2025-2026 centralized procurement program, alongside progress in smart-factory and green initiatives.


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-20260821-12294950), on August 21, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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