CNOOC Energy Technology & Services' Attributable Profit Slides 4.5% in Q3; Shares Fall 3%

MT Newswires Live

10/22

CNOOC Energy Technology & Services (SHA:600968) attributable profit fell 4.5% year over year to 1.02 billion yuan in the third quarter, according to a Wednesday filing with the Shanghai bourse.

The petroleum engineering and oilfield technology integrated services company logged earnings per share of 0.1007 yuan, down 4.5% from the year-ago period.

Operating income declined 5.8% year on year to 11.4 billion yuan.

Shares fell 3% during late morning trading on Wednesday.

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