Sinopec Oilfield Service released its 2026 interim report. Net profit attributable to the parent company was 510 million yuan, up 3.51% from the same period last year, marking a fourth consecutive year of growth. Total operating revenue was 37.664 billion yuan, up 1.66% year on year, achieving a second straight year of growth. Net cash inflow from operating activities was 2.937 billion yuan, up 36.55% year on year. The company's latest asset-liability ratio was 87.08%, down 1.01 percentage points from a year earlier. Gross margin was 8.49%, rising for a fifth consecutive year. Diluted earnings per share were 0.03 yuan, up 3.85% year on year. The company had 183,700 shareholders, and the top ten shareholders held 16.355 billion shares, accounting for 86.27% of total share capital.
Sinopec Oilfield Service CorpNet profit up 3.51% and revenue up 1.66%, with improved margins and cash flow.
