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CNOOC ENERGY TECHNOLOGY SERVICES (600968) investor relations material
CNOOC ENERGY TECHNOLOGY SERVICES Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 revenue was RMB 12.84bn, up 13.12% YoY; net income attributable to shareholders was RMB 1.11bn, up 8.42%.
For 9M, revenue reached RMB 35.92bn, up 5.81% YoY, and attributable net income was RMB 2.98bn, up 4.38%.
Financial highlights
9M operating costs were RMB 30.32bn versus RMB 28.46bn a year earlier; total operating costs were RMB 32.73bn versus RMB 30.60bn.
9M operating profit was RMB 3.61bn versus RMB 3.58bn; net profit was RMB 3.05bn versus RMB 2.92bn.
Adjusted for non-recurring items, attributable net income was RMB 2.81bn for 9M, down 1.65% YoY; Q3 was RMB 1.07bn, up 4.52%.
Key financial ratios and metrics
Basic and diluted EPS were RMB 0.2929 for 9M, up 4.38% YoY; Q3 EPS was RMB 0.1091, up 8.42%.
Weighted average ROE was 9.78% for 9M, up 0.06 percentage points YoY; Q3 ROE was 3.64%, down 0.37 percentage points.
Total assets were RMB 51.63bn at Sept. 30, up 0.91% from year-end 2025; equity attributable to shareholders was RMB 30.88bn, up 4.42%.
- Revenue and net profit rose slightly, with robust R&D and continued digital, green focus.600968
Q2 2026 - Net profit increased 7.31% year-over-year, but revenue and operating cash flow declined.600968
Q1 2026 - Net profit grew 6.24% to RMB 3.88 billion despite a 4.10% revenue drop, with higher margins.600968
Q4 2025 - Q3 revenue fell 5.75% year-over-year, but net profit for the year rose 6.11%.600968
Q3 2025 - Net profit rose 13.15% on 4.46% revenue growth, driven by all core business segments.600968
Q2 2025 - Net profit surged 18.48% year-over-year, with strong cash flow improvement and higher ROE.600968
Q1 2025 - Q3 net profit jumped 32.62% on higher output and cost control, with robust liquidity.600968
Q3 2024 - Net profit surged 20.90% on 4.69% revenue growth, led by energy tech and cost control.600968
Q2 2024 - Net profit surged 18.66% on higher revenue and improved margins, with robust dividend payout.600968
Q4 2024
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