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 Second Quarter of 2021 and Outlook for the Third 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 April to 30 June 2021 ( the “ Quarter ” ) . OPERATIONAL OVERVIEW OF THE SECOND QUARTER OF 2021 During the Quarter , the global economy maintained the momentum of recovery , energy demand further rebounded , and international oil prices continued to rise . In terms of the Group's operational update , as oil and gas development was actively promoted in various oilfield markets in China , the Group actively participated in bidding for projects in various markets , and continued to secure quality orders with cash flows and return on net assets as its primary indicators ; in terms of order fulfillment , during the Quarter , the overall work volume in Chinese market entered a peak season , and the Group focused on the high - quality execution of its order backlog . Overseas , the Group's commercial activities in various overseas markets increasingly recovered , and previously suspended projects due to the impact of the pandemic resumed operation gradually , which has steadily improved the operational efficiency . ORDERS IN THE SECOND QUARTER OF 2021 During the Quarter , the Group won new orders of approximately RMB1,776.3 million , representing an increase of 117.3 % compared to the same period last year . New orders from Chinese market amounted to approximately RMB397.6 million , representing a decrease of 13.1 % compared to the same period last year ; new orders from Iraqi market amounted to approximately RMB1,166.4 million , representing a significant increase of 230.9 % compared to the same period last year ; and new orders in other overseas markets amounted to approximately RMB212.3 million , representing a significant increase of RMB204.7 million compared to the same period last year . In China , during the Quarter , the Group continued to win orders for drilling tools leasing , formation testing and workover services , oilfield inspection and other projects in the Xinjiang market ; in southwestern market , the Group was awarded orders for fracturing general contracting , drilling fluid services and other shale gas related projects ; and in Shanxi , Erdos and other areas , the Group continued to obtain multiple orders for coal - bed methane related projects , including coiled tubing services , pressure pumping services and stimulation technical services . 1