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 Third Quarter of 2021 and Outlook for the Fourth 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 July to 30 September 2021 ( the “ Quarter ” ) . OPERATIONAL OVERVIEW OF THE THIRD QUARTER OF 2021 During the Quarter , the market viewed a global - wise tight supply of energy . Coal , natural gas and other energy prices skyrocketed , international crude oil prices continued to rise sharply . Brent crude futures exceeded $ 80 per barrel in late September , reaching the highest level in the past three years . The demand for oil and gas resource development is strong and the market environment is improving . In this environment , the Group continued to promote the implementation of the “ brand new Anton " strategy , resolutely implement the light - asset operation strategy , to build an ecological platform development , actively strive for high - quality projects with light assets , high - tech demand , and high returns , focus on promoting the development of high - quality “ oilfield management business " , " inspection and digital business " ; proactively gave up orders for projects that require large capital expenditures and long capital turnover to ensure a long - term healthy growth . In terms of operations , the Group has accelerated the implementation of overseas projects and significantly improved operational efficiency . ORDERS IN THE THIRD QUARTER OF 2021 During the Quarter , the Group won new orders of approximately RMB1,009.8 million , representing a decrease of 6.3 % compared to the same period last year . New orders from the domestic market amounted to approximately RMB577.7 million , representing a decrease of 12.1 % compared to the same period last year ; new orders from Iraqi market amounted to approximately RMB341.1 million , representing a decrease of 2.6 % compared to the same period last year ; and new orders in other overseas markets amounted to approximately RMB91.0 million , representing an increase of 30.4 % compared to the same period last year .