CHINA OILFIELD (02883) Reports Q1-Q3 Results: Net Profit Rises 31.3% YoY to RMB 3.209 Billion

Stock News
Oct 29, 2025

CHINA OILFIELD (02883) announced its financial results for the first three quarters of 2025, with operating revenue reaching approximately RMB 34.854 billion, up 3.5% year-on-year. Net profit attributable to shareholders of the listed company rose 31.3% YoY to RMB 3.209 billion, while basic earnings per share stood at RMB 0.67. The company attributed the profit growth to improved utilization rates of large-scale equipment and the orderly operation of high-day-rate semi-submersible platform projects in the North Sea.

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