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CNOOC Services (601808): Q1 net profit of 640 million yuan exceeded market expectations
CNOOC Services' 2024Q1 performance growth exceeded expectations. The company's revenue in Q1 of 2024 reached 10.15 billion yuan, +20% year over year; net profit to mother was 636 million yuan, +57.3% year over year, exceeding market expectations. More
China Oilfield Services' Q1 Profit Rises 57% on Higher Revenue
China Oilfield Services' (HKG:2883, SHA:601808) attributable profit rose 57% year over year to 635.5 million yuan in the first quarter, according to a Thursday filing with the Hong Kong Stock Exchange
CHINA OILFIELD SERVICES(601808):1Q24 EARNINGS NOT GOOD ENOUGH DESPITE STRONG GROWTH
Although COSL's net profit surged 57% YoY to RMB636m in 1Q24, it only reached 15
Hong Kong Stock Afternoon Review | Hong Kong stocks are rising all over the board! The Kee Index rose nearly 4%, while JD and Kuaishou rose nearly 5%
Auto stocks had the highest gains, with Zero Sports Auto and Xiaopeng Motors rising by more than 6%; petroleum stocks rose one after another, with CNOOC rising nearly 5% and CNOOC Services rising more than 4%.
CNOOC Oilfield Services (601808): Net profit deducted from non-return mother +70% increase in profitability
In 24Q1, net profit without return to mother was +69.5%. Maintaining the “increase in holdings” rating in the first quarter of 2024, the company achieved a total operating income of 10.148 billion yuan, +20.0% year over year; net profit to mother was 636 million yuan.
Changes in Hong Kong stocks | CNOOC (02883) is now up nearly 5%, net profit for the first quarter is up 51.3% year on year, the agency says the impact of the ship stoppage has basically reacted
The Zhitong Finance App learned that CNOOC Services (02883) is now up nearly 5%. As of press release, it has risen 4.5% to HK$9.28, with a turnover of HK$13.468 million. According to the news, CNOOC Service announced first-quarter results, achieving operating revenue of 10.148 billion yuan, an increase of 20% year on year; net profit of 636 million yuan, up 57.3% year on year. CICC said that the first quarter results were in line with expectations. Mainly, overseas drilling operations gradually contributed to profits in the second half of '23, and there were no ship repair costs; at the same time, revenue from the petroleum technology business continued to increase steadily. The bank pointed out that the impact of the Saudi ship stoppage has basically been reflected in stock prices
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