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An announcement from Sinopec Oilfield Service ( (HK:1033) ) is now available.
Sinopec Oilfield Service Corporation has announced the withdrawal of a resolution from its First Extraordinary General Meeting for 2025, which was intended to use reserves to offset company losses. This decision was made due to the need for further clarification on relevant fiscal and tax policies. The company emphasizes its commitment to investor returns and compliance with laws to ensure the steady promotion of dividend distribution and safeguarding shareholder interests.
The most recent analyst rating on (HK:1033) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Sinopec Oilfield Service stock, see the HK:1033 Stock Forecast page.
More about Sinopec Oilfield Service
Sinopec Oilfield Service Corporation is a joint stock limited company established in the People’s Republic of China, operating in the oilfield services industry. The company focuses on providing a range of services related to oilfield operations, with a market focus on enhancing investment value and promoting high-quality development.
YTD Price Performance: 9.23%
Average Trading Volume: 71,411,273
Technical Sentiment Signal: Hold
Current Market Cap: HK$35.83B
Find detailed analytics on 1033 stock on TipRanks’ Stock Analysis page.