ANTON OILFIELD Issues Positive Profit Alert, Forecasts 2025 Net Profit Attributable to Shareholders Between RMB 360-380 Million

Stock News
Feb 12

ANTON OILFIELD SERVICES (03337) announced a positive profit alert. The group expects its net profit attributable to equity holders for the fiscal year ending December 31, 2025, to be approximately RMB 360 million to RMB 380 million. This represents a significant increase of 48.4% to 56.6% compared to the net profit attributable to equity holders of approximately RMB 242.6 million for the year ended December 31, 2024. The anticipated growth is primarily attributed to two key factors. First, the continuous expansion of the group's global operations and the deepening implementation of its Amoeba management model have led to sustained business growth, driving increases in both revenue and gross profit. Second, the group fully repaid its US dollar bonds upon maturity in January 2025, resulting in a substantial year-on-year decrease in financial expenses.

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