MIE Holdings (01555) released its annual results, with a net loss attributable to shareholders of 503 million yuan, an increase of 52.89% year-on-year.

MIE Holdings (01555) released its annual performance as of December 31, 2025. The Group achieved total revenue of RMB 706 million (figures in the same unit), a decrease of 21.3% year-on-year. The net loss attributable to the owners of the company for the year was RMB 503 million, an increase of 52.89% year-on-year. The loss per share was RMB 0.15. The Group's petroleum sales revenue all come from Chinese oil fields. In the 2025 financial year, revenue decreased by RMB 1.912 billion or 21.3% from RMB 8.973 billion in the 2024 financial year to RMB 7.061 billion. The main reason for the decrease was the drop in oil prices and net crude sales volume in the Da'an oil field. The average realized oil price in the 2025 financial year was $66.68 per barrel, with a net crude sales volume of 1.5 million barrels; while in the 2024 financial year, the average realized oil price was $79.75 per barrel, with a net crude sales volume of 1.6 million barrels.