Shandong Molong Petroleum Machinery (00568) announced that its net profit attributable to the parent for the year 2025 is approximately 5.1556 million yuan, reversing from a loss to a profit compared to the previous year.

Shandong Molong Petroleum Machinery (00568) announces its performance for 2025, with total operating revenue of approximately 1.762 billion yuan, a year-on-year increase of about 29.88%. The net profit attributable to the parent company's shareholders is about 5.1556 million yuan, turning losses into profits year-on-year; basic earnings per share is 0.01 yuan. During the reporting period, the company actively expanded its sales market, achieving sufficient product orders and a significant increase in production and sales volume compared to the previous year, especially with the company vigorously implementing its overseas strategy, with revenue from foreign markets increasing by about 50% year-on-year. Capacity utilization further improved, product gross profit margin increased significantly year-on-year, and profitability greatly improved. The company continued to improve lean management measures, strengthened cost control, achieved internal cost reduction and efficiency improvement, comprehensively enhancing operational efficiency and market competitiveness, driving a significant increase in the company's operational performance, turning losses into profits.