Refile: China's MIE Holdings revenue grows on higher oil prices

MIE Holdings

12/08/2026 12:37

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Aug 12 (Reuters) - 
Overview
China crude oil producer's interim revenue grew 4.7% yr/yr for six months ended June 30
Profit from operations rose 24.3% yr/yr, basic loss per share remained unchanged
Revenue growth driven by higher realized crude oil price, offset by lower production volumes

Outlook
Company did not provide specific guidance or outlook for future periods

Result Drivers
HIGHER REALIZED OIL PRICE - Revenue growth driven by higher average realized crude oil price
LOWER PRODUCTION VOLUMES - Declines in gross and net crude oil production volumes partially offset revenue gains

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
RMB 382.82 mln
 

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)