Petrochemical machinery earned 21.66 million yuan in the first half of 2019

On August 7th, in the first half of 2019, Petrochemical Machinery (000852) realized business income of 325.5 million yuan, an increase of 75.89% over the same period last year; net profit of 216.582 million yuan was - 82.8885 million yuan in the same period last year; net profit after deduction was 55.011 million yuan, which was - 117 million yuan in the same period last year. During the reporting period, the company realized business income of 325.5 million yuan, an increase of 75.89% over the same period of last year. With the continuous warming of domestic oil and gas service market demand, the company's orders for petroleum machinery and equipment increased substantially, while the company's main products delivery and settlement increased substantially over the same period of last year, and its revenue increased over the same period of last year. The data show that Sinopec is the only oil and gas technology equipment research and development, manufacturing and technical service enterprise with strong overall strength. The company's business covers oil and gas drilling and production, oil and gas gathering and transportation, marine engineering, natural gas application, petrochemical industry, environmental protection, new energy development and other equipment, tools development, sales and testing, operation and maintenance services and other fields.