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SHE:002353

5 stories mentioning SHE:002353Updated 6d ago

Every FINWIRES story that references SHE:002353, newest first.

Asia

Yantai Jereh Oilfield's Stock Fluctuates More Than 20% Following Signing of Gas Turbine Generator Service Contract; Shares Slide 8%

Yantai Jereh Oilfield Services (SHE:002353) stock price fluctuated by 21.74% across three trading sessions from July 23 to 27 following the signing of a $1.47 billion gas turbine generator set supply contract with an unnamed cloud service company.After verification, the oilfield equipment manufacturer did not add information already disclosed, according to a Tuesday disclosure to the Shenzhen Stock Exchange.Following an internal investigation and verification with its controlling shareholder and actual controller, the company said it has no undisclosed material information, plans, or negotiations that may have had a significant impact on its stock price.The company's shares dropped more than 8% recently.

SHE:002353
Asia

Jereh Oilfield Services' Unit Signs $1.47 Billion Turbine Generator Set Supply Deal

Jereh Oilfield Services Group's (SHE:002353) unit, J&F Power Systems, signed a gas turbine generator set supply contract with an unnamed cloud service provider for $1.47 billion, according to a Thursday disclosure on the Shenzhen bourse.The oil and gas company will deliver the gas turbine generator sets in batches by November 2027.The company's shares jumped 10% at the close.

SHE:002353
Research

CLSA Starts Yantai Jereh Oilfield Services Group at Buy With 221 Yuan Price Target

Yantai Jereh Oilfield Services Group (SHE:002353) has an average rating of buy and mean price target of 153.53 yuan, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

SHE:002353
Asia

Jereh Oilfield Services' 2025 Profit Rises 2%, Revenue Jumps 21%; Shares Up 4%

Jereh Oilfield Services Group's (SHE:002353) net profit attributable to shareholders in 2025 rose 2% to 2.68 billion yuan from 2.63 billion yuan a year earlier, according to a Shenzhen bourse filing on Friday.Earnings per share climbed 1.9% year on year to 2.64 yuan from 2.59 yuan.Operating revenue jumped 21% to 16.2 billion yuan from 13.4 billion yuan in the previous year.The oil and gas company's shares jumped 4% during the morning trade.

SHE:002353
Asia

Jereh Oilfield Services' Q1 Profit Climbs 26%, Revenue Rises 22%; Shares Up 4%

Jereh Oilfield Services Group's (SHE:002353) net profit attributable to shareholders in the first quarter climbed 26% year on year to 588.3 million yuan, or 0.58 yuan per share, according to a Shenzhen bourse filing on Friday.The attributable profit a year earlier was 465.7 million yuan, or 0.46 yuan per share.Operating revenue rose 22% to 3.29 billion yuan from 2.69 billion yuan in the previous year.The oil and gas company's shares jumped 4% during the morning trade.

SHE:002353

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