Sinopec Oilfield Equipment Corporation (000852.SZ) stated in an investor relations event that due to the overall slowdown in the construction speed of domestic oil and gas trunk pipelines and delays in the start of some projects, steel pipe product revenue is expected to decline significantly in the first half of 2024. The company has been informed by the State Grid Corporation of China that the various procedures for the construction of domestic oil and gas trunk pipelines are actively progressing, and it is expected to resume construction in the fourth quarter. The company will seize the opportunity, enhance production and ensure supply, and accelerate the growth of steel pipe business revenue.
石化机械(000852.SZ)：国内油气干线管网建设各项手续办理在积极推进中，预计四季度恢复开工
Sinopec Oilfield Equipment Corporation (000852.SZ): The procedures for the construction of domestic oil and gas trunk pipeline network are actively being processed, and it is expected to resume operation in the fourth quarter.
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
Hot News
Updated