--- title: "Offshore Oil Engineering : Revenue up 9.4% year-over-year, net profit stable, green energy and R&D drive growth" type: "News" locale: "en" url: "https://longbridge.com/en/news/296129139.md" description: "Revenue grew 9.42% year-over-year to RMB 12.38 billion, with net profit stable at RMB 1.09 billion. Operating cash flow declined due to project payment timing, while R&D investment and green energy business expanded. The company maintains a strong balance sheet and leads in offshore engineering innovation.Original document: Offshore Oil Engineering Co., Ltd. Class A [600583] Interim report — Aug. 19 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source." datetime: "2026-08-17T16:08:45.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296129139.md) - [en](https://longbridge.com/en/news/296129139.md) - [zh-HK](https://longbridge.com/zh-HK/news/296129139.md) generator: "portal-rs" --- # Offshore Oil Engineering : Revenue up 9.4% year-over-year, net profit stable, green energy and R&D drive growth Revenue grew 9.42% year-over-year to RMB 12.38 billion, with net profit stable at RMB 1.09 billion. Operating cash flow declined due to project payment timing, while R&D investment and green energy business expanded. The company maintains a strong balance sheet and leads in offshore engineering innovation. Original document: Offshore Oil Engineering Co., Ltd. Class A \[600583\] Interim report — Aug. 19 2026 **Disclaimer** This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source. ### Related Stocks - [600583.CN](https://longbridge.com/en/quote/600583.CN.md) ## Related News & Research - [Prescient warns AI-driven chip rally erodes global equity diversification benefits](https://longbridge.com/en/news/296453304.md) - [China Jushi Co.: Net profit jumped 73.87% YoY on strong sales, margin gains, and robust cash flow](https://longbridge.com/en/news/296455427.md) - [PEB: Draft Medicare coverage for Cxbladder tests marks a pivotal step toward renewed growth](https://longbridge.com/en/news/296426151.md) - [MINEST: Record-breaking production and improved financials support global tidal energy expansion](https://longbridge.com/en/news/296446821.md) - [Shenzhen Goodix Technology: Revenue and profit fell sharply, but financial health and R&D investment remained strong](https://longbridge.com/en/news/296461718.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**