Sinopec Oilfield Service (HK:1033) has released an update.
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Sinopec Oilfield Service Corporation reported a significant increase in net profit for the third quarter of 2024, with figures up by 90.7% compared to the previous year, despite a slight decrease in operating income. Total equity rose by 12.5% as the company continues to enhance shareholder value. However, the company experienced a substantial outflow in net cash from operating activities during this period.
For further insights into HK:1033 stock, check out TipRanks’ Stock Analysis page.
