Zhongcheng Energy (02337) announced interim results. Shareholders' losses of 6.213 million yuan decreased by 14.63% year-on-year

According to the Zhitong Finance App, Zhongcheng Energy (02337) announced interim results for the six months ended June 30, 2026. The group obtained revenue of RMB 2,483 billion (same unit), a year-on-year decrease of 19.45%; losses attributable to the equity shareholders of the Company were RMB 6.213 million, a year-on-year decrease of 14.63%; and a loss of 0.02 yuan per share.

According to the announcement, sales of refined oil products mainly include retail refined oil products to automobile end users through operation of gas stations, sales of refined oil products to other gas stations, construction sites and other industrial users through operation of oil storage facilities, and wholesale of refined oil products to other industrial users. In the first six months of 2026, the Group achieved sales revenue of about 2,402 billion yuan from refined oil products, a decrease of about 19%, accounting for 97% of total revenue for the same period. During the reporting period, sales of refined oil products were about 345,000 tons (6 months ending June 30, 2025: about 433,000 tons), a decrease of about 20% compared with the same period last year. The decrease in sales volume was mainly due to more automobile customers switching to new energy vehicles during the reporting period, leading to a decline in market demand and a decrease in sales of petroleum products.