Anton Oilfield Services Group (3337) Q2 2025 earnings summary

Executive summary

• Achieved 14.2% year-over-year growth in new orders in Q2 2025, with strong performance in Iraq and other overseas markets.

• Advanced business model transformation, focusing on five key segments and integrating AI-powered solutions.

• Enhanced global operational management, inaugurated Hong Kong office as financial hub, and strengthened international talent pipeline.

• Recognized for ESG leadership and management excellence, included in S&P Global Sustainability Yearbook (China Edition) 2025.

Financial highlights

• New orders in Q2 2025 totaled RMB3,011.8 million, up 14.2% year-over-year.

• Iraq market new orders rose 20.5% year-over-year to RMB1,811.8 million; other overseas markets up 69.3% to RMB286.8 million.

• China market new orders declined 5.4% year-over-year to RMB913.3 million.

• Order backlog as of June 30, 2025, stood at RMB16,351.7 million, with Iraq accounting for 44.2%, China 46.5%, and other overseas 9.3%.

Outlook and guidance

• Expects continued structural adjustment in global oil and gas industry amid price and policy volatility.

• Plans to accelerate global market expansion, especially in Iraq, Middle East, Africa, and Southeast Asia.

• Will deepen integration of AI and digital technologies, enhance technical deployment, and strengthen risk controls.

• Aims to build a global operating system focused on efficiency enhancement and green energy technology.