China Oilfield Services Reports Strong H1 2024 Growth

China Oilfield Services (HK:2883) has released an update.

China Oilfield Services has reported a significant increase in financial performance for the first half of 2024, with revenue reaching RMB 22.5 billion and profits soaring to RMB 1.7 billion. This remarkable growth is underscored by a substantial rise in profit from operations, which hit RMB 2.7 billion, reflecting strong business momentum. The interim results, although unaudited, highlight the company’s robust earnings per share of RMB 0.33.

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