CHOLF

China Oilfield Services Sees Revenue Growth Amid Profit Dip

China Oilfield Services (HK:2883) has released an update.

China Oilfield Services Limited reported a 4.7% revenue increase to 11.13 billion yuan in the third quarter of 2024, while net profit attributable to shareholders fell by 8.8% to 852.3 million yuan. Despite the dip in quarterly profit, the company’s year-to-date net profit has risen by 7.5%, showing resilience in a challenging market.

For further insights into HK:2883 stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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