Tongyuan Petroleum reports net loss of 24.64 million yuan in 2026 interim report

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Tongyuan Petroleum released its 2026 interim report, with net profit attributable to the parent company at negative 24.64 million yuan, swinging from profit to loss. The company's total operating revenue was 493 million yuan, down 10.60% year on year; net cash flow from operating activities was negative 2.64 million yuan. The company's latest asset-liability ratio was 32.31%, gross margin was 13.64%, ROE was negative 1.82%, and diluted earnings per share was negative 0.04 yuan.

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Net loss of 24.64 million yuan, swinging from profit to loss, with revenue down 10.60%.