China Oilfield Services Limited’s Net Profit Dropped 32.5% in First Three Quarters of 2021

China Oilfield Services Limited (中海油田服务股份有限公司) (601808.SH) reported a net profit of 1.5 billion yuan in the first three quarters of 2021, down 32.5% year-on-year.

Meanwhile, the company posted 19.9 billion yuan in revenue, down 7.3% year-on-year.

At the end of the reporting period, it had 76.6 billion yuan in total assets and 37.2 billion yuan in total liabilities, with a liability-to-asset ratio of 48.6%.

This article was automatically produced by Caixin Automation on Nov. 3, 2021.

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