China Oil and Gas FY26 H1 profit attributable to owners falls 22% to HK$196.2 million; revenue slips 1% to HK$7.85 billion

• China Oil and Gas Group interim results: revenue slipped 1% to HK$7.85 billion, while profit attributable to owners fell 22% to HK$196.2 million.
• Gross profit rose 11% to HK$1.09 billion; gross margin widened 2 percentage points to 14%.
• Administrative expenses climbed 34% to HK$269.6 million, mainly due to research and development expense.
• Natural gas sales volume dropped 9% to 2,104 million cubic meters; Canada output eased 4% to 5,209 boe/d.
• Issued 7.0% senior notes due 2029 totaling US$300 million; fully repaid 4.7% senior notes due 2026 by June.

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. China Oil and Gas Group Limited 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-20260828-12306970), on August 28, 2026, and is solely responsible for the information contained therein.