Shandong Molong Petroleum Machinery Company Limited reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was CNY 774.52 million compared to CNY 1,510.82 million a year ago. Revenue was CNY 798.42 million compared to CNY 1,570.94 million a year ago.

Net loss was CNY 158.24 million compared to CNY 172.72 million a year ago. Basic loss per share from continuing operations was CNY 0.1983 compared to CNY 0.2165 a year ago. Diluted loss per share from continuing operations was CNY 0.1983 compared to CNY 0.2165 a year ago.