)
Yanchang Petroleum International (346) investor relations material
Yanchang Petroleum International H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue declined 41% year-over-year to HK$17.33 billion, with a net loss of HK$782.4 million versus a profit of HK$55.6 million in 2024.
The loss was driven by lower oil prices, weak demand in China, and significant impairment losses on oil and gas assets.
Both upstream (Canada) and downstream (China) segments saw sharp declines in sales volume and profitability.
Financial highlights
Gross profit fell 50% to HK$127.4 million; gross margin remained thin.
Impairment losses on non-current assets totaled HK$566.1 million, mainly from Canadian oil and gas properties.
Provision for expected credit loss surged to HK$52.2 million from HK$5.7 million.
Finance costs increased slightly to HK$35.9 million.
Cash and bank balances dropped 77% to HK$63.7 million.
Outlook and guidance
The company expects continued volatility in oil prices due to geopolitical tensions and weak demand recovery.
Strategic focus remains on cost control, operational efficiency, and diversification into new energy areas.
- Revenue up 46% to HK$16.77B, but net loss of HK$27.3M due to upstream and FX headwinds.346
H1 20249 Dec 2025 - Revenue and profit fell 40% amid oil price declines, with a net loss of HK$27.8 million.346
H1 202516 Sep 2025 - Revenue up, profit down as one-off gains fade; PRC sales rise, Canada faces headwinds.346
H2 20245 Jun 2025
Next Yanchang Petroleum International earnings date
Next Yanchang Petroleum International earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Explore our global coverage
)
)