Shandong Molong FY26 Q1 net profit rises 3% to RMB 5.6 million

• Shandong Molong Petroleum Machinery reported Q1 2026 net income attributable to shareholders rose 3% to RMB 5.6 million.
• Revenue more than doubled, climbing 128.5% to RMB 665.9 million.
• Operating profit turned positive at RMB 5.4 million, helped by sufficient orders that lifted production and sales volumes.
• Operating cash flow dropped 76% to RMB 91.4 million due to lower passive financial assistance funds received.
• Debt restructuring advanced as asset transfers to repay RMB 361 million were completed; Huarong Agriculture repaid RMB 30 million in cash, leaving RMB 61.5 million unpaid.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shandong Molong Petroleum Machinery Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260421-12114306), on April 21, 2026, and is solely responsible for the information contained therein.