Tongyuan Petroleum (300164.SZ) announced first-half results, changing profit to loss of 246.387 million yuan

According to the Zhitong Finance App, Tongyuan Petroleum (300164.SZ) released its 2026 semi-annual report. During the reporting period, the company achieved revenue of 493 million yuan, a year-on-year decrease of 10.60%. Net loss attributable to shareholders of listed companies was RMB 246.387 million. The net loss of non-recurring profit and loss attributable to shareholders of the listed company was RMB 31.064,500. The basic loss per share was 0.0419 yuan.

The decline in the company's performance was mainly due to seasonal effects. Its development was uneven in the first half of the year, compounded by major customer work plans and delays in bidding, which led to a decline in revenue in the first half of the year. Since entering the third quarter, the company's orders have been quite full, and it is expected that business will gradually resume in the second half of the year.