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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Anton Oilfield Services Group
Anton Oilfield Services Group (3337) investor relations material
Anton Oilfield Services Group Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary23 Oct, 2026
Executive summary
Q3 operations faced Middle East geopolitical disruption, delaying project execution and order confirmation; management emphasized cost control, cash collection and operational resilience.
Iraq crude-oil marketing qualification expanded the service model across upstream development, oilfield services and downstream monetization.
Financial highlights
Q3 new orders were ~RMB563.1m, down 55.8% YoY; Iraq ~RMB196.6m, down 63.7%; other overseas ~RMB28.5m, down 82.3%; China ~RMB338.0m, down 40.7%.
Order backlog at 30 Sep 2026 was ~RMB18,435.5m: China ~RMB8,823.5m (47.9%), Iraq ~RMB7,249.7m (39.3%) and other markets ~RMB2,362.3m (12.8%).
Outlook and guidance
Q4 priorities include supporting Iraq project resumptions, advancing orders in mature markets, expanding overseas localized platforms and progressing major China projects in technical services, digital services and energy infrastructure.
Product priorities include oil and gas efficiency, integrated natural gas utilization and on-site intelligence, alongside tailored solutions and global oil and gas development opportunities.
Q4 receivables collection and end-to-end cash-flow management are priorities; an Employee Share Purchase Plan is planned for launch during the quarter.
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Latest events from Anton Oilfield Services Group
- Record FY2023 revenue, international growth, and a larger innovative-services mix.3337
H2 2023 - Q2 2024 delivered strong order growth and a major Iraq project win, with a RMB12.7B backlog.3337Q2 2024
- Q3 2024 new orders rose 48.2% year-over-year, driving a record order backlog and global expansion.3337Q3 2024
- Q4 2024 new orders surged 73.4% year-over-year, led by Iraq and China, with strong global expansion plans.3337Q4 2024
- Order backlog hit RMB14.8B, new orders fell 22% YoY, and bond repayment improved financial agility.3337Q1 2025
- Q2 2025 new orders rose 14.2% year-over-year, led by Iraq and overseas market growth.3337Q2 2025
- Q3 2025 new orders fell 14.4% year-over-year, but order backlog remains robust at RMB16.4 billion.3337Q3 2025
- Revenue up 1.9%, net profit down 35%, with global expansion and strong cash reserves.3337H1 2026
- Net profit jumped 48.8% on 17.2% revenue growth, with a 53.4% higher final dividend proposed.3337H2 2025
Anton Oilfield Services Group
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