China Oilfield Services Reports Steady Growth Amid Market Challenges

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2025.10.31 04:18
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China Oilfield Services Limited (COSL) reported steady growth in its third-quarter 2025 results, with revenue increasing by 3.5% to RMB 34,853.7 million and net profit rising by 31.3% to RMB 3,209.4 million, despite challenging market conditions. Key highlights include a 46.1% increase in net profit due to improved equipment occupancy and successful projects in the North Sea. However, net cash flows from operating activities decreased by 61.2%. COSL aims to focus on high-value projects and technological advancements to sustain growth amid market volatility.