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An announcement from Jutal Offshore Oil Services ( (HK:3303) ) is now available.
Jutal Offshore Oil Services Limited has announced a profit warning for the year ending 31 December 2024, expecting a significant decrease in profit by 18% to 37% compared to the previous year. This decline is attributed to reduced revenue and increased administrative expenses, and the company advises caution for shareholders and potential investors until detailed audited financial results are released.
More about Jutal Offshore Oil Services
Jutal Offshore Oil Services Limited is a company incorporated in the Cayman Islands, primarily engaged in providing offshore oil services. The company operates within the oil industry, focusing on offering specialized services and solutions to meet the needs of offshore oil operations.
YTD Price Performance: 74.44%
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $180.6M
See more insights into 3303 stock on TipRanks’ Stock Analysis page.