Yantai Jereh Oilfield Services Group (002353) Q3 2025 earnings summary

Executive summary

• Revenue for Q3 2025 reached ¥3.52 billion, up 13.90% year-over-year; year-to-date revenue was ¥10.42 billion, up 29.49% year-over-year.

• Net profit attributable to shareholders for Q3 was ¥566.81 million, up 11.11% year-over-year; year-to-date net profit was ¥1.81 billion, up 13.11% year-over-year.

• Operating cash flow for the period was ¥2.93 billion, up 99.45% year-over-year.

Financial highlights

• Gross margin improved as revenue growth outpaced cost increases; operating costs rose 36.30% year-over-year, while revenue grew 29.49%.

• Basic and diluted EPS for the period were ¥0.56 and ¥1.78, respectively.

• Total assets at period end were ¥38.08 billion, up 6.68% from the previous year-end.

• Shareholders’ equity reached ¥22.15 billion, up 4.69% from year-end.

Outlook and guidance

• Management and controlling shareholders completed a share purchase plan to support long-term value, acquiring 1,645,900 shares for ¥60 million.

• A major EPC contract was awarded in July 2025 for a natural gas boosting project in Algeria, valued at approximately $850 million (¥6.13 billion).