Anton Oilfield Services Group New Orders Surge 48% in Q3; Shares Jump 5%

MT Newswires Live
2024-10-16

Anton Oilfield Services Group (HKG:3337) new orders rose 48% year over year to 1.49 billion yuan in the third quarter, according to a Tuesday filing with the Hong Kong Stock Exchange.

Domestic orders grew 45% year over year to 634.9 million yuan, while Iraq orders surged 31% to 500.3 million yuan, and those from its other overseas markets increased 92% to 351.9 million yuan, the filing said.

Order backlogs amounted to 13.04 billion yuan during the quarter as of Sept. 30, the filing said.

The company's shares were up 5% in recent trading.

Price (HKD): $0.60, Change: $+0.030, Percent Change: +5.26%

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