tiprankstipranks
Trending News
More News >

China Oilfield Services Reports Strong Q1 2025 Results with Revenue and Profit Growth

Story Highlights
China Oilfield Services Reports Strong Q1 2025 Results with Revenue and Profit Growth

China Oilfield Services ( (HK:2883) ) has provided an announcement.

China Oilfield Services Limited announced its first quarterly results for 2025, reporting a 6.4% increase in revenue to 10,797.5 million Yuan compared to the same period last year. The company also saw a significant rise in net profit attributable to shareholders by 39.6%, reaching 887.2 million Yuan, despite a negative net cash flow from operating activities.

More about China Oilfield Services

China Oilfield Services Limited is a joint stock limited company incorporated in the People’s Republic of China, operating in the oilfield services industry. The company primarily provides oilfield services and is listed on the Hong Kong Stock Exchange under the stock code 2883.

YTD Price Performance: -16.44%

Technical Sentiment Signal: Buy

Current Market Cap: $6.82B

See more insights into 2883 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App