Jutal Offshore Oil Services Expects Up to 37% Lower Attributable Profit for 2024

MT Newswires Live

2025/02/13

Jutal Offshore Oil Services (HKG:3303) expects a profit attributable to owners between 160 million yuan and 210 million yuan for 2024, 18% to 37% lower than 255.0 million yuan logged for 2023, a Thursday bourse filing said.

The engineering services company attributed the expected decrease to a decrease in revenue and an increase in administrative expenses during the reporting period compared with the year-ago period.

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