Sinopec Oilfield Service's Profit Falls 6% in Q1

MT Newswires Live

04/28

Sinopec Oilfield Service (HKG:1033, SHA:600871) posted net profit attributable to shareholders of 204.8 million yuan for the first quarter, down 6.2% from 218.4 million yuan a year earlier, according to a Tuesday Hong Kong bourse filing.

Earnings per share came in at 0.011 yuan, compared with 0.012 yuan in the prior-year period.

Operating income rose 2.4% to 18.3 billion yuan from 17.9 billion yuan a year earlier.

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