Anton Oilfield's News Orders Slide 22% in Q1

MT Newswires Live

2025/04/21

Anton Oilfield Services' (HKG:3337) new orders fell 22% year over year to 1.74 billion yuan in the first quarter, according to an April 16 filing with the Hong Kong bourse.

New orders from Iraq fell 47% to 700.2 million yuan, while that of other overseas markets rose 44% to 325.2 million yuan.

New orders from China jumped 6% to 715.5 million yuan, the filing said.

For the second quarter, Anton Oilfield expects to accelerate its market presence in the Middle East, Africa, and Southeast Asia, the filing said.

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