Zhitan Finance and Economics APP news, Sinopec Oilfield Equipment Corporation (000852.SZ) announced its performance forecast for the first three quarters of 2024, expecting a net income attributable to shareholders of the listed company of 84 million yuan to 87 million yuan, a decrease of 1% to 4% year-on-year.

Performance change reasons: The company seizes opportunities in the domestic ultra-deep oil and gas development and the digitalization upgrade of oil and gas equipment, actively expands markets to increase orders, and the scale of revenue from oil and gas equipment products and services continues to grow. However, due to the overall slowdown in the construction speed of domestic oil and gas trunk pipelines, revenue from oil and gas steel pipes has decreased significantly year-on-year, resulting in a slight decline in the overall business performance of the company.