Asia
Offshore Oil Engineering's Q1 Profit Slides 19%
Offshore Oil Engineering's (SHA:600583) attributable profit fell 19% to 438.4 million yuan in the first quarter from 540.8 million yuan in the year-ago period, according to a Saturday filing with the Shanghai/Shenzhen bourse.Earnings per share at the Chinese oil and gas company decreased to 0.10 yuan from 0.12 yuan in the prior-year period.Operating revenue slipped 2% year over year to 4.99 billion yuan from 5.10 billion yuan.
SHA:600583
