Anton Oilfield Services Reports Decrease in New Orders for Fourth Quarter 2025

Reuters
01/20
<a href="https://laohu8.com/S/ATONF">Anton Oilfield</a> Services Reports Decrease in New Orders for Fourth Quarter 2025

Anton Oilfield Services (Group) Ltd. announced its operational update for the fourth quarter of 2025. In the overseas market, the Group secured new orders totaling approximately RMB1,167.1 million in Iraq, representing a 30.5% year-on-year decrease, primarily attributed to a high order base in the same period last year due to a five-year large integrated services project. In other overseas markets, the Group achieved significant growth with new orders for the quarter increasing by 525.8% year-on-year, including large orders for workover services, drilling fluids services, and production equipment and facilities services. In the China market, the Group secured orders for drilling technical services, sand and water control technical services, and stimulation services. However, new orders decreased by 29.1% year-on-year, mainly due to delays in certain customers' tender schedules. The Group emphasized that quarterly order performance may not fully reflect the actual business trend, as future orders are expected to be more long-term and large-scale projects.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Anton Oilfield Services (Group) Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260120-11996479), on January 20, 2026, and is solely responsible for the information contained therein.

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