Edition:
United Kingdom

China Oilfield Services Ltd (2883.HK)

2883.HK on Hong Kong Stock

8.50HKD
7:35am BST
Change (% chg)

HK$-0.05 (-0.58%)
Prev Close
HK$8.55
Open
HK$8.46
Day's High
HK$8.55
Day's Low
HK$8.42
Volume
4,929,550
Avg. Vol
7,224,638
52-wk High
HK$8.95
52-wk Low
HK$6.23

Latest Key Developments (Source: Significant Developments)

China Oilfield Services Says Estimated Capital Expenditure In 2019 Will Be About RMB3 Bln
Wednesday, 23 Jan 2019 

Jan 23 (Reuters) - China Oilfield Services Ltd <601808.SS>::ESTIMATED THAT CAPITAL EXPENDITURE IN 2019 WILL BE ABOUT RMB3 BILLION."EXPECTED THAT INVESTMENT IN EXPLORATION AND DEVELOPMENT IN DOMESTIC MARKET WILL CONTINUE TO INCREASE IN NEXT FEW YEARS".IN 2019, CASH FLOW POSITION OF COMPANY IS HEALTHY.CHINA OILFIELD SERVICES- WORKLOAD OF DRILLING SERVICES SEGMENT & WELL SERVICES SEGMENT TO INCREASE IN 2019 COMPARED WITH SAME PERIOD LAST YEAR.WORKLOAD OF GEOPHYSICAL & SURVEYING SERVICES SEGMENT WILL INCREASE STEADILY IN 2019.IN 2019, CO WILL CONTROL COST INCREASE CAUSED BY INCREASED WORKLOAD.IN 2019, OVERALL COMPETITION IN OILFIELD SERVICES MARKET STILL FIERCE, INCREASED WORKLOAD POSES CHALLENGE TO COST MANAGEMENT.  Full Article

China Oilfield Services To Purchase Wealth Management Products From Certain Parties
Friday, 28 Dec 2018 

Dec 28 (Reuters) - China Oilfield Services Ltd <601808.SS>::CO TO PURCHASE WEALTH MANAGEMENT PRODUCTS OF RMB1,000 MILLION FROM CGB TIANJIN XIQING SUB-BRANCH.ENTERED INTO IB WEALTH MANAGEMENT AGREEMENT WITH IB BEIJING BRANCH, WHERE CO TO PURCHASE PRODUCT WORTH RMB1,400 MILLION.  Full Article

China Oilfield Services Announces Proposed Disposal Of Tankers & Related Business
Wednesday, 28 Nov 2018 

Nov 28 (Reuters) - China Oilfield Services Ltd <601808.SS>::ANNOUNCES PROPOSED DISPOSAL OF TANKERS AND RELATED BUSINESS.PROPOSES TO ENTER INTO SALE AND PURCHASE AGREEMENT OF TANKERS AND RELATED BUSINESS WITH NORTHSEA SHIPPING.DEAL FOR RMB84.8 MILLION.CO TO TRANSFER TANKERS AND RELATED BUSINESS TO NORTHSEA SHIPPING.AFTER COMPLETION OF TRANSACTION, IT IS EXPECTED THAT CO WILL RECORD A REVENUE BEFORE TAXATION OF ABOUT RMB62 MILLION.  Full Article

Singapore's GIC Bought More H-Shares In China Oilfield Services - HKEx Filing
Friday, 2 Nov 2018 

Nov 2 (Reuters) - China Oilfield Services Ltd <601808.SS>2883.HK::SINGAPORE'S GIC BOUGHT 4.010 MLN H-SHARES IN CHINA OILFIELD SERVICES 2883.HK AT AN AVERAGE PRICE OF HK$7.2934 EACH ON NOV 1 - HKEX FILING.SINGAPORE'S GIC NOW OWNS 8.05 PERCENT IN CHINA OILFIELD SERVICES AFTER THE TRANSACTION FROM 7.83 PERCENT PREVIOUSLY- HKEX FILING.  Full Article

China Oilfield Services Says 9-Mth Net Loss Attributable RMB276.8 Mln
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - China Oilfield Services Ltd <601808.SS>::9-MONTH NET LOSS ATTRIBUTABLE RMB 276.8 MILLION VERSUS LOSS OF RMB173.5 MILLION AFTER RESTATMENT.9-MONTH REVENUE RMB13,718.4 MILLION VERSUS RMB11,776.4 MILLION AFTER RESTATED.  Full Article

China Oilfield Services Announces Purchase Of Wealth Management Product
Friday, 19 Oct 2018 

Oct 19 (Reuters) - China Oilfield Services Ltd <601808.SS>::TO PURCHASE WEALTH MANAGEMENT PRODUCT OF RMB1,400 MILLION USING SELF-OWNED FUNDS OF CO.  Full Article

China Oilfield Services Posts HY Loss Attributable Of RMB375 Mln
Wednesday, 22 Aug 2018 

Aug 22 (Reuters) - China Oilfield Services Ltd <601808.SS>::HY REVENUE RMB8.14 BILLION VERSUS RMB7.11 BILLION.HY LOSS ATTRIBUTABLE RMB375.0 MILLION VERSUS LOSS RMB385.2 MILLION.HAS RECOGNIZED PROVISION OF APPROXIMATELY RMB122.96 MLN FOR FIXED ASSET IMPAIRMENT.  Full Article

China Oilfield Services To Purchase Wealth Management Product Of RMB500 Mln
Monday, 9 Jul 2018 

July 9 (Reuters) - China Oilfield Services Ltd <601808.SS>::TO PURCHASE WEALTH MANAGEMENT PRODUCT OF RMB500 MILLION USING SELF-OWNED FUNDS OF COMPANY.  Full Article

China Oilfield Services Says Q1 Net Loss Attributable RMB651.1 Million
Friday, 27 Apr 2018 

April 27 (Reuters) - China Oilfield Services Ltd <601808.SS>::QTRLY NET LOSS ATTRIBUTABLE RMB 651.1 MILLION VERSUS LOSS OF RMB 544.8 MILLION.Q1 REVENUE RMB3.43 BILLION VERSUS RMB3.06 BILLION.EXPECTS THAT Q2 RESULTS WILL BE BETTER THAN Q1 RESULTS.  Full Article

China Oilfield Services announces 2017 dividend payment
Wednesday, 28 Mar 2018 

March 28(Reuters) - China Oilfield Services Ltd <601808.SS>:Says it plans to pay cash dividend of 0.06 yuan per share (before tax) to the company's shareholders for 2017.  Full Article