China Oilfield Services Announces Strong 2024 Financial Results

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China Oilfield Services Announces Strong 2024 Financial Results

China Oilfield Services ( (HK:2883) ) has shared an announcement.

China Oilfield Services reported its annual financial results for the year ended December 31, 2024, showing a revenue of RMB48,218.1 million and a profit for the year of RMB3,399.1 million. The company’s strong financial performance, with an increase in both revenue and profit compared to the previous year, highlights its solid position in the oilfield services industry. This growth is indicative of the company’s effective operational strategies and market positioning, which could have positive implications for stakeholders.

More about China Oilfield Services

China Oilfield Services is a company incorporated in the People’s Republic of China, operating as a joint stock limited liability company. It is primarily engaged in the oilfield services industry, providing a range of services such as drilling, well services, marine support, and geophysical services to oil and gas companies.

YTD Price Performance: -3.44%

Average Trading Volume: 143

Technical Sentiment Signal: Buy

Current Market Cap: $7.94B

For a thorough assessment of 2883 stock, go to TipRanks’ Stock Analysis page.

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