Huashun Petroleum Projects 68-88 Million Yuan Net Profit for H1 2026, Up 384-526% YoY

According to Jin10, Huashun Petroleum announced on July 14 that it expects net profit attributable to shareholders for the first half of 2026 to reach 68-88 million yuan, representing a year-over-year increase of 384.02%-526.38%. The company attributed the profit surge to geopolitical tensions that drove international crude oil prices higher, widening retail-wholesale price spreads in the domestic refined products market, which the company capitalized on during the reporting period.
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