HKG:2883

China Oilfield Services Makes Senior Management Changes

China Oilfield Services' (HKG:2883, SHA:601808) Chairman and CEO Zhao Shunqiang resigned effective Tuesday due to an adjustment in his work arrangement, according to a Tuesday Hong Kong bourse filing.The oilfield services provider named Liu Jianzhong as its new CEO and Shang Jie as its president effective the same day.

Morgan Stanley Downgrades China Oilfield Services to Underweight from Overweight; Price Target is 13.70 Yuan

China Oilfield Services' Profit Falls 4% in Q1

China Oilfield Services (HKG:2883, SHA:601808) posted net profit attributable to shareholders of 855.7 million yuan for the first quarter of 2026, down 3.6% from 887.2 million yuan a year earlier, according to a Wednesday Hong Kong bourse filing.Earnings per share came in at 0.18 yuan, compared with 0.19 yuan a year earlier.Revenue rose 4.6% to 11.3 billion yuan from 10.8 billion yuan in the prior-year period.