Sinopec Oilfield Service (SHA:600871, HKG:1033) posted 2024 net profit attributable to shareholders of 631.6 million yuan, up 7.2% from 589.2 million yuan the previous year.
The oil and gas machinery and equipment manufacturer's revenue rose 1.4% year over year to 81.1 billion yuan from 80.0 billion yuan, according to a Tuesday filing with the Shanghai bourse.
Shares of the company were down 2% in recent trade.