Earnings release
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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement , make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement . ANTON 安 東 安 東 油田 服務 集團 Anton Oilfield Services Group ( Incorporated in the Cayman Islands with limited liability ) ( Stock Code : 3337 ) Announcement Operational Update on the Fourth Quarter of 2020 and Outlook for the First Quarter of 2021 The board of directors ( the " Board " ) of Anton Oilfield Services Group ( the " Company " , together with its subsidiaries , collectively the “ Group ” ) is pleased to announce the operational update and order backlog for the three months from 1 October to 31 December 2020 ( the “ Quarter ” ) . OPERATIONAL OVERVIEW OF THE FOURTH QUARTER OF 2020 During the Quarter , strict and regular pandemic prevention and control were maintained in China . Despite sporadic and localized rebounds , the control measures were swift and the impact was manageable , and the Group maintained normal domestic operations . Overseas , the global pandemic remained severe , and overseas project execution was still in the process of gradual recovery . Significant progress was made in the development and launch of several COVID - 19 vaccines globally , bringing light to the economic recovery and rebound in energy demand after the pandemic . During the Quarter , crude oil prices recorded a notable recovery . ORDERS IN THE FOURTH QUARTER OF 2020 During the Quarter , the Group received new orders of approximately RMB1,194.7 million , representing a decrease of 40.4 % compared to the same period last year . New domestic orders amounted to approximately RMB664.5 million , representing an increase of 9.1 % compared to the same period last year ; new orders in the Iraqi market amounted to approximately RMB77.2 million , representing a decrease of 93.8 % compared to the same period last year ; new orders in other overseas markets amounted to approximately RMB453.0 million , representing an increase of 205.9 % compared to the same period last year .