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China Oilfield Services Limited Class H (HK:2883)
:2883
Earnings Data
Report Date
Apr 01, 2026TBA (Confirmed)
Period Ending
2025 (Q4)Consensus EPS Forecast
0.02Last Year’s EPS
0.2Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The earnings call reflects a mixed sentiment, with strong performance in tax rate management, well services, and overseas contract growth being offset by challenges in revenue decline, drilling services, and the impact of lower oil prices. The company's financial management has been commendable, showcasing resilience in a challenging market environment.Company Guidance
Reduction in Effective Tax Rate
The effective tax rate has returned to a normal level, dropping from around 28% to slightly over 20%, largely due to improved operations in Norway and reduced losses.
Well Services Segment Performance
Despite a global trend of reduced investment due to lower oil prices, the well services segment showed resilience with a profit margin of over 16% and a decrease in revenue by only 3% to 4%, outperforming global peers like Halliburton and Baker Hughes.
Significant Overseas Contract Growth
The company saw a 47% growth in locked overseas technical contracts, a 255% increase in bundled services, and a 36% increase in new contracts.
Improved Financial Management
Substantial savings in finance costs were achieved by repaying USD 1 billion debt and swapping out high-interest debt, amidst challenges of renminbi depreciation.
HK:2883 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
HK:2883 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Aug 26, 2025 | HK$7.46 | HK$7.71 | +3.35% |
Apr 24, 2025 | HK$5.75 | HK$5.87 | +2.18% |
Mar 25, 2025 | HK$6.53 | HK$6.46 | -1.18% |
Oct 29, 2024 | HK$7.14 | HK$7.00 | -1.89% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does China Oilfield Services Limited Class H (HK:2883) report earnings?
China Oilfield Services Limited Class H (HK:2883) is schdueled to report earning on Apr 01, 2026, TBA (Confirmed).
What is China Oilfield Services Limited Class H (HK:2883) earnings time?
China Oilfield Services Limited Class H (HK:2883) earnings time is at Apr 01, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of China Oilfield Services Limited Class H stock?
The P/E ratio of China Oilfield Services is N/A.
What is HK:2883 EPS forecast?
HK:2883 EPS forecast for the fiscal quarter 2025 (Q4) is 0.02.