Hilong Swings to Loss in 2025

MT Newswires Live03-30

Hilong (HKG:1623) booked 323.6 million yuan in attributable loss for 2025, compared with a profit of 28.3 million yuan in 2024, according to a Hong Kong bourse filing Sunday.

Shares of the oil field equipment and services provider were up nearly 1% in Monday morning trading.

Loss per share was 0.1926 yuan, compared with earnings of 0.0167 yuan per share in the prior year.

Revenue gained 4.4% year on year to 4.88 billion yuan, figures showed.

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