Huayou Energy (01251) announced interim results. Profit attributable to shareholders of 5.45 million yuan turned a year-on-year loss into a profit

According to the Zhitong Finance App, Huayou Energy (01251) announced interim results for the six months ended June 30, 2026. The group obtained revenue of RMB 726 million (same unit), a year-on-year decrease of 2.88%; profit attributable to the company's owners was 5.45 million yuan, which turned a year-on-year loss into a profit; profit per share was 0.003 yuan.

According to the announcement, the Group's reservoir sector achieved revenue of 318 million yuan during this period, an increase of 13 million yuan or 4.3% over the same period last year. Revenue from the overseas reservoir sector was 158 million yuan, an increase of 22.8 million yuan or 16.8% over the same period last year. The main reason for the increase in revenue from overseas reservoirs is that oil testing and logging operations in the Middle East region continue to be full. The revenue from the reservoir sector in the Chinese market was 160 million yuan, down 9.8 million yuan or 5.7% from the same period last year. The main reason for the decline in domestic revenue was the reduction in service workloads such as installation maintenance and station operation and maintenance in the Xinjiang region.