Yanchang Petroleum Reports 41% Drop in Revenues and 36% Decrease in Sales Volume for H1 2025

Reuters
08/28
<a href="https://laohu8.com/S/YCGPF">Yanchang Petroleum</a> Reports 41% Drop in Revenues and 36% Decrease in Sales Volume for H1 2025

Yanchang Petroleum International Limited has announced its unaudited condensed consolidated interim results for the six months ended 30 June 2025. The company reported a significant decline in revenue, with the total revenue for the period amounting to HK$9.99 billion, down from HK$16.77 billion in the same period in 2024. This decline is primarily attributed to reduced trading and distribution of oil-related products, which decreased from HK$16.58 billion in 2024 to HK$9.9 billion in 2025. The sales of crude oil and gas also experienced a decline, generating HK$94.1 million in 2025 compared to HK$189.1 million in the prior year. Other revenue, including bank interest income and rental income, also saw a reduction to HK$3.56 million from HK$5.48 million in the same period last year. During the first half of 2025, the company noted high volatility in international oil prices, which impacted its operations. The Group did not engage in any connected transactions with fellow associates related to the sales of refined oil and by-products during this period. The company has no updates on future outlook or guidance included in this announcement, and there are no mentions of net income, profit, loss, or earnings per share $(EPS)$ in the provided document.

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. Yanchang Petroleum International Limited published the original content used to generate this news brief on August 28, 2025, and is solely responsible for the information contained therein.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10