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Shandong Molong Petroleum Machinery ( (HK:0568) ) has issued an announcement.
Shandong Molong Petroleum Machinery Company Limited has released its unaudited third quarterly report for 2025, highlighting a slight decrease in operating income by 0.81% compared to the same period last year, totaling RMB 397,246,057.55. Despite this, the company saw a significant improvement in net profits attributable to shareholders, with a 93.57% increase, though the net profits after deducting non-recurring items showed a substantial decline of 96.79%. The company also reported a notable increase in net cash flow from operating activities by 328.79%, indicating improved operational efficiency. Total assets grew by 4.36%, and shareholders’ equity rose by 1.14%, reflecting a stable financial position.
The most recent analyst rating on (HK:0568) stock is a Hold with a HK$4.00 price target. To see the full list of analyst forecasts on Shandong Molong Petroleum Machinery stock, see the HK:0568 Stock Forecast page.
More about Shandong Molong Petroleum Machinery
Shandong Molong Petroleum Machinery Company Limited is a Sino-foreign joint stock company based in China, primarily engaged in the petroleum machinery industry. The company focuses on manufacturing and supplying equipment and machinery for the petroleum sector.
Average Trading Volume: 71,564,058
Technical Sentiment Signal: Buy
Current Market Cap: HK$6.06B
For an in-depth examination of 0568 stock, go to TipRanks’ Overview page.