Andong oil field service(03337) announced that the company is expected to reverse losses in the first half of 2021 and will make a profit attributable to equity holders of about RMB 30 million to RMB 50 million, a substantial increase of 133.0% to 154.9% over the same period in 2020 (a loss of about RMB 91 million in the same period in 2020). The growth was mainly due to the remarkable effectiveness of the Group's ongoing cost control measures and an increase in project profit margins, and a significant decrease in financial expenses compared with the same period last year.
安东油田服务(03337)预期上半年业绩扭亏为盈 股东应占利润约3000万-5000万元
Andong Oilfield Service (03337) expects to turn losses into profits in the first half of the year. The profit attributable to shareholders is about 30 million-50 million yuan.
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