Shandong Molong Petroleum Machinery Company Limited reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 193.61 million compared to CNY 408.04 million a year ago. Revenue was CNY 193.61 million compared to CNY 408.04 million a year ago.

Net income was CNY 216.91 million compared to net loss of CNY 87.1 million a year ago. Basic earnings per share from continuing operations was CNY 0.2719 compared to basic loss per share from continuing operations of CNY 0.1092 a year ago. Diluted earnings per share from continuing operations was CNY 0.2719 compared to diluted loss per share from continuing operations of CNY 0.1092 a year ago.