PETRO-KING (02178) announced its interim results, reporting a loss attributable to shareholders of 35.325 million Hong Kong dollars, an increase of 199.54% year-on-year.

22:49 14/08/2026

Baiqin Oil Services (02178) announced its interim results for the six months ending June 30, 2026, with the group reporting revenue of HK$48.125 million, a decrease of 56.75% year-on-year; the loss attributable to the company's owners amounted to HK$35.325 million, an increase of 199.54% year-on-year; loss per share was HK$0.0205.

PETRO-KING (02178) announced its interim results for the six months ended June 30, 2026, reporting revenue of HKD 48.125 million, a decrease of 56.75% year-on-year; the loss attributable to equity holders of the company was HKD 35.325 million, an increase of 199.54% year-on-year; the loss per share was HKD 0.0205. The announcement stated that the decrease in revenue was mainly due to a client postponing several shale gas production enhancement projects according to its internal mining schedule to the second half of 2026, resulting in reduced production enhancement services provided in Southwest China.

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