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The latest update is out from Jutal Offshore Oil Services ( (HK:3303) ).
Jutal Offshore Oil Services has warned that profit attributable to shareholders for the year ended 31 December 2025 is expected to fall sharply to between RMB30 million and RMB60 million, compared with RMB185.1 million a year earlier, implying a decline of about 68% to 84%. Management said the downturn is mainly due to a significant reduction in workloads at the group’s manufacturing sites, signalling weaker project activity that could pressure capacity utilisation and margins, and advised shareholders and potential investors to exercise caution as the figures are based on unaudited management accounts and may be adjusted when full-year results are released.
The profit warning underscores a notable deterioration in operating conditions for Jutal Offshore Oil Services, reflecting softer demand or project delays in its offshore engineering business and raising concerns over earnings visibility into 2025. While the company expects to remain profitable, the scale of the projected decline highlights rising operational risk for stakeholders and may weigh on investor sentiment until audited results and further clarity on workload recovery are provided.
The most recent analyst rating on (HK:3303) stock is a Hold with a HK$0.58 price target. To see the full list of analyst forecasts on Jutal Offshore Oil Services stock, see the HK:3303 Stock Forecast page.
More about Jutal Offshore Oil Services
Jutal Offshore Oil Services Limited is a Hong Kong-listed engineering and services provider to the offshore oil and gas sector, operating manufacturing sites that support fabrication and related offshore energy projects. The group focuses on delivering offshore engineering solutions, with performance closely tied to project workloads at its production facilities and broader activity levels in the energy industry.
Average Trading Volume: 1,083,426
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.49B
For a thorough assessment of 3303 stock, go to TipRanks’ Stock Analysis page.