)
China Oilfield Services (2883) investor relations material
China Oilfield Services Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
9M 2026 revenue rose 2.5% YoY to RMB35.73bn; total profit increased 1.3% to RMB4.22bn, and net profit increased 1.0% to RMB3.43bn.
Q3 revenue grew 3.5% YoY to RMB11.94bn, while total profit fell 3.2% to RMB1.55bn and attributable net profit fell 1.7% to RMB1.22bn.
High equipment utilization, improved efficiency and technology-led development supported operating momentum; slight full-year revenue growth was expected.
Financial highlights
9M operating revenue was RMB35.73bn versus RMB34.85bn a year earlier; operating profit was RMB4.09bn versus RMB4.20bn.
9M attributable net profit was RMB3.23bn, up 0.7% YoY; excluding non-recurring items, it was RMB3.03bn, down 4.3%.
Q3 attributable net profit excluding non-recurring items was RMB1.20bn, down 2.4% YoY.
9M FX losses reached CNY720m versus CNY560m in H1; the 9M YoY FX loss was CNY500m.
Outlook and guidance
Full-year revenue was expected to grow slightly, with overseas growth expected to offset a slight Middle East impact.
International business represented 24%–25% of revenue; priorities included accelerating its contribution and improving overseas profitability.
Priorities included strategic coordination, reserve growth and production enhancement, global equipment allocation, proprietary technology promotion, and matching client needs.
Technical services, contributing over 50% of revenue, were positioned to support additional parent-company CapEx demand; well services emphasized green, intelligent and integrated solutions.
- Revenue rose 23.7% as well services and international activity drove FY2023 growth.2883
H2 2023 - Efficiency, innovation, and sustainability fuel growth and global competitiveness.2883
Investor presentation - Major technology advances and global expansion drive growth in offshore energy services.2883
Investor presentation - Revenue and profit rose 1.9% and 2.8% YoY, with strong drilling and reduced capex.2883
H1 2026 - Revenue up 4.6% YoY, but net profit to shareholders fell 3.6% amid FX and finance cost pressures.2883
Q1 2026 - Net profit rose 19.4% on higher drilling utilization, tech gains, and cost optimization.2883
H2 2025 - Q3 2024 revenue up 14.1% year-over-year, with technical services and international growth driving profit.2883
Q3 2024 - Double-digit revenue and profit growth driven by robust segment and global expansion.2883
H1 2024 - Revenue and profit rose, with robust segment and international growth and strong 2025 outlook.2883
H2 2024
Next China Oilfield Services earnings date
Next China Oilfield Services earnings date
AI chat
Ask anything. Verify everything.
Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn moreFind what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.)
Trust every finding
50m+ first-party documents. Every output traceable to its source.Automations
Zero in on what matters
Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more)
Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.)
Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Live audio & transcripts
Be first
Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more)
Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.)
Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Quartr MCP connects your AI environment to 17K+ public companies
Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.
Jamie Ross
Investment Manager, GAM Investments
Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.
Tom O'Hara
Investment Director
Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.
Gregg Lampf
VP of Investor Relations
Being able to ask specific questions across years of transcripts and reports and instantly get verified answers is a game-changer.
Pontus Dackmo
CEO & Investment Manager
)
)
)
)