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Jutal Offshore Oil Services ( (HK:3303) ) has provided an announcement.
Jutal Offshore Oil Services Limited announced its audited consolidated results for the year ending December 31, 2024, showing a significant decrease in financial performance compared to the previous year. The company’s revenue fell by 19.78% to RMB2,079,022,000, and gross profit decreased by 13.46% to RMB567,158,000. Profit attributable to owners also saw a decline of 27.42%, amounting to RMB185,066,000, with basic and diluted earnings per share dropping to RMB9.04 cents and RMB8.96 cents, respectively. The board has decided not to recommend a final dividend for the year. These results indicate a challenging year for Jutal, potentially impacting its market position and stakeholder confidence.
More about Jutal Offshore Oil Services
Jutal Offshore Oil Services Limited is a company incorporated in the Cayman Islands, focusing on offshore oil services. It operates within the oil and gas industry, providing specialized services and products tailored to the needs of offshore oil operations.
YTD Price Performance: -21.11%
Average Trading Volume: 14,000
Technical Sentiment Signal: Buy
Current Market Cap: $178.2M
Learn more about 3303 stock on TipRanks’ Stock Analysis page.
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