Shandong Molong Petroleum Machinery Co Ltd H1 Income Falls

India, Aug. 29 -- Shandong Molong Petroleum Machinery Co Ltd (0568.HK) released a profit for first half that Drops, from last year

The company's bottom line came in at RMB4.21 million, or RMB0.0053 per share. This compares with RMB12.16 million, or RMB0.0152 per share, last year.

Excluding items, Shandong Molong Petroleum Machinery Co Ltd reported adjusted earnings of RMB0.413 million or RMB0.0005 per share for the period.

The company's revenue for the period rose 57.0% to RMB1.252 billion from RMB797.52 million last year.

Shandong Molong Petroleum Machinery Co Ltd earnings at a glance (GAAP) :

-Earnings: RMB4.21 Mln. vs. RMB12.16 Mln. last year.-EPS: RMB0.0053 vs. RMB0.0152 last year.-Revenue: RMB1.252 Bln vs. RMB797.52 Mln last year....