Financial Performance - Revenue increased to RMB 2,631.1 million in 2025 from RMB 2,176.3 million in 2024, representing a 20.9% increase[4] - Profit attributable to equity holders increased to RMB 165.1 million in 2025 from RMB 105.9 million in 2024, a 55.9% increase[4] - Free cash flow increased to RMB 197.2 million in 2025 from RMB 173.0 million in 2024, a 12.3% increase[4] Strategic Initiatives and Business Development - The company is building a new service company business model, enhancing oil and gas development and utilization efficiency[12, 16] - The company is expanding into global markets, including the Middle East, Africa, and Central Asia, with successful entry into Sarawak, Malaysia[22, 23] - The company is deepening global management and accelerating intelligent transformation, including opening a new Hong Kong office and launching a treasury center[12, 24, 25] Shareholder Returns and Governance - The company completed a RMB 73 million final dividend payment for 2024[28] - The company completed cumulative share buybacks and cancellation of 17 million shares[28] - The company received continued recognition as "China's Outstanding Management Company"[31] Future Outlook - The company aims to drive long-term growth through early indicators management[36, 41] - The company is building a leading global green energy technology services company[36, 38] - The company will maintain focus on Iraq and seize core market opportunities to drive scaled growth[36, 43]

Group 1 - The company, Anton Oilfield Services (03337.HK), announced a share buyback plan on August 28, 2025, involving an expenditure of HKD 2.8652 million to repurchase 2.1 million shares [1] - The buyback price per share is set between HKD 1.35 and HKD 1.37 [1]

Core Viewpoint - Antonoil Services (03337) announced a share buyback plan, indicating confidence in its stock value and future prospects [1] Summary by Category Company Actions - The company plans to repurchase 2.1 million shares at a total cost of HKD 2.8652 million [1] - The buyback price ranges from HKD 1.35 to HKD 1.37 per share [1] Financial Implications - The total expenditure for the buyback represents a strategic investment in the company's own equity, potentially enhancing shareholder value [1]

Core Viewpoint - Antong Oilfield Services (03337) announced a share buyback plan, indicating confidence in its stock value and future prospects [1] Summary by Category Company Actions - The company plans to repurchase 2.1 million shares at a total cost of HKD 2.8652 million [1] - The buyback price is set between HKD 1.35 and HKD 1.37 per share [1]

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 安東油田服務集團 呈交日期： 2025年8月28日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 03337 | 說明 | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | | 庫存股份變動 | | | | | 事件 | 已發行股份（不包括庫存股份）數 目 | | 佔有關事件 ...

Group 1 - The company reported total revenue of 2.631 billion RMB for the six months ending June 30, 2025, representing a year-on-year growth of 20.9% [2] - Shareholder profit attributable to the company was 165 million RMB, an increase of 55.98% year-on-year [2] - Basic earnings per share were 0.0602 RMB [2] Group 2 - The company is headquartered in Dubai and is focusing on global market expansion, particularly in mature markets like Iraq and new markets in the Middle East, Africa, and Southeast Asia [2] - The company achieved a breakthrough in its gas utilization business in Sarawak, Malaysia, winning its first commercial utilization project, which lays the foundation for expansion in Southeast Asia [2] - The total value of new contracts signed during the reporting period was approximately 4.753 billion RMB, with overseas markets accounting for about 65.7% (approximately 3.124 billion RMB) and the Chinese market for about 34.3% (approximately 1.629 billion RMB) [2] - As of June 30, 2025, the company had a total order backlog of approximately 16.35 billion RMB [2]

Core Insights - Antong Oilfield Services (03337) reported a total revenue of 2.631 billion RMB for the six months ending June 30, 2025, representing a year-on-year increase of 20.9% [1] - The company's net profit attributable to shareholders was 165 million RMB, reflecting a significant year-on-year growth of 55.98% [1] - Basic earnings per share stood at 0.0602 RMB [1] Business Strategy - The company continues to deepen its global market presence with Dubai as its operational headquarters, focusing on mature markets like Iraq while also exploring new markets in the Middle East, Africa, and Southeast Asia [1] - A breakthrough was achieved in the natural gas utilization business in Sarawak, Malaysia, where the company secured its first project for the commercialization of natural gas, setting a positive foundation for further expansion in Southeast Asia [1] Order Book and Future Growth - The company secured strong new orders totaling approximately 4.753 billion RMB during the first half of the year, with overseas orders accounting for about 3.124 billion RMB, or 65.7% of total new orders [1] - Domestic orders amounted to approximately 1.629 billion RMB, representing about 34.3% of the total [1] - As of June 30, 2025, the company's backlog of orders reached approximately 16.35 billion RMB, establishing a solid foundation for future growth [1]

Core Viewpoint - Antong Oilfield Services (03337) reported a significant increase in revenue and profit for the six months ending June 30, 2025, indicating strong operational performance and growth potential in both existing and new markets [1] Financial Performance - Total revenue reached 2.631 billion RMB, a year-on-year increase of 20.9% [1] - Shareholder profit amounted to 165 million RMB, reflecting a year-on-year increase of 55.98% [1] - Basic earnings per share were 0.0602 RMB [1] Market Expansion - The company is headquartered in Dubai and is focusing on global market expansion, particularly in mature markets like Iraq and new markets in the Middle East, Africa, and Southeast Asia [1] - A breakthrough was achieved in the natural gas utilization business in Sarawak, Malaysia, with the company winning its first project in the region [1] Order Growth - The company secured strong new orders totaling approximately 4.753 billion RMB, with overseas orders accounting for about 3.124 billion RMB (65.7% of total new orders) and domestic orders at approximately 1.629 billion RMB (34.3%) [1] - As of June 30, 2025, the total backlog of orders stood at approximately 16.35 billion RMB, laying a solid foundation for future growth [1]

Financial Performance - The group's total revenue for the first half of 2025 was approximately RMB 2,631.1 million, an increase of 20.9% compared to RMB 2,176.3 million in the first half of 2024[4] - Net profit for the first half of 2025 was approximately RMB 166.3 million, representing a growth of 49.0% from RMB 111.6 million in the same period of 2024[4] - Profit attributable to equity holders for the first half of 2025 was approximately RMB 165.1 million, up 55.9% from RMB 105.9 million in the first half of 2024[4] - Total comprehensive income for the first half of 2025 was RMB 188.6 million, compared to RMB 152.3 million in the same period of 2024[8] - Total profit for the period was RMB 166,297,000, compared to RMB 111,563,000 for the same period in 2024, representing an increase of approximately 49.0%[18] - Operating profit for the six months ended June 30, 2025, was RMB 131,306,000, compared to RMB 144,151,000 for the same period in 2024, indicating a decrease of about 9%[35] - Operating profit for the first half of 2025 was approximately RMB 353.1 million, up RMB 46.9 million or 15.3% year-on-year[52] - Net profit increased significantly by approximately 49.0% to RMB 166.3 million compared to RMB 111.6 million in the same period of 2024[52] Revenue Breakdown - The oilfield technology services segment generated revenue of RMB 1,205,868,000, up from RMB 981,560,000 in the previous year, marking a growth of approximately 22.9%[18] - The oilfield management services segment reported revenue of RMB 1,001,070,000, an increase from RMB 900,617,000, reflecting a growth of around 11.2%[18] - The drilling services segment's revenue was RMB 219,351,000, up from RMB 125,867,000, showing a significant increase of approximately 74.4%[18] - The testing services segment generated revenue of RMB 204,783,000, compared to RMB 168,277,000 in the previous year, indicating a growth of about 21.7%[18] - The company’s service revenue for the six months ended June 30, 2025, was RMB 2,365,922, compared to RMB 1,946,558 for the same period in 2024, reflecting a growth of 21.38%[30] - The company’s total revenue from customer contracts for the oilfield management services segment was RMB 1,001,070,000 for the six months ended June 30, 2025[32] - Oilfield technology services revenue reached approximately RMB 1,205.9 million, a year-on-year increase of 22.9%, accounting for 45.8% of total revenue in the first half of 2025[62] - Oilfield management services revenue was approximately RMB 1,001.1 million, up 11.2% year-on-year, representing 38.1% of total revenue[62] - Testing services revenue amounted to approximately RMB 204.8 million, reflecting a 21.7% increase compared to the previous year, contributing 7.8% to total revenue[62] - Drilling services revenue surged to approximately RMB 219.3 million, a significant increase of 74.2% year-on-year, making up 8.3% of total revenue[62] Cash Flow and Assets - Operating cash inflow for the first half of 2025 was approximately RMB 370.0 million, an increase of RMB 24.3 million compared to RMB 345.7 million in the first half of 2024[4] - Free cash flow for the first half of 2025 was approximately RMB 173.0 million, a decrease of RMB 24.2 million from RMB 197.2 million in the same period of 2024[4] - Cash and cash equivalents at the end of the first half of 2025 were RMB 1,749.4 million, a decrease from RMB 2,190.8 million at the beginning of the period[9] - Total assets as of June 30, 2025, were RMB 10,046.4 million, a decrease from RMB 10,217.9 million as of December 31, 2024[6] - Total liabilities as of June 30, 2025, were RMB 6,353.5 million, down from RMB 6,609.6 million as of December 31, 2024[6] - The net amount of trade receivables and notes receivable as of June 30, 2025, was approximately RMB 2,471.6 million, an increase of RMB 142.9 million from December 31, 2024, with an average turnover days of 162 days, a reduction of 22 days[97] - Cash and bank deposits as of June 30, 2025, were approximately RMB 2,253.4 million, a decrease of RMB 307.8 million from December 31, 2024[99] Expenses and Costs - The company incurred income tax expenses of RMB 130,937,000 for the six months ended June 30, 2025, compared to RMB 116,668,000 in 2024, representing an increase of about 12%[37] - Total costs for materials and services increased to RMB 898,869,000 in 2025 from RMB 711,484,000 in 2024, marking a rise of approximately 26%[35] - Sales expenses for the first half of 2025 amounted to approximately RMB 125.6 million, an increase of RMB 10.0 million or 8.7% from RMB 115.6 million in the same period of 2024[88] - Management expenses for the first half of 2025 were approximately RMB 175.2 million, up RMB 22.2 million or 14.5% from RMB 153.0 million in the first half of 2024[89] - Research and development expenses for the first half of 2025 totaled approximately RMB 56.1 million, an increase of RMB 6.8 million or 13.8% compared to RMB 49.3 million in the same period of 2024[90] Market and Orders - The company achieved a total of approximately RMB 4,752.8 million in new orders during the first half of 2025, with overseas orders accounting for approximately 65.7% of the total[46] - As of June 30, 2025, the company's backlog of orders reached approximately RMB 16.35 billion, laying a solid foundation for future growth[46] - Revenue from the Iraq market reached approximately RMB 1,447.2 million, up RMB 206.1 million or 16.6% from RMB 1,241.1 million in the same period of 2024, representing 55.0% of total revenue[55] - Revenue from the Chinese market was approximately RMB 951.5 million, a significant increase of RMB 286.3 million or 43.0% compared to RMB 665.2 million in the same period of 2024, accounting for 36.2% of total revenue[55] - The company secured new orders in the Iraq market totaling approximately RMB 2,512.0 million, a decrease of 11.4% compared to the same period in 2024[57] - In other overseas markets, new orders amounted to approximately RMB 612.0 million, a substantial increase of 54.5% compared to the same period in 2024[59] - The company achieved a revenue of approximately RMB 232.4 million from other overseas markets, a decrease of 13.9% from RMB 270.0 million in the same period of 2024[59] Strategic Initiatives - The company plans to continue expanding its oilfield technology and management services, focusing on enhancing asset management capabilities and integrating digital solutions[15] - The company aims to enhance its natural gas commercialization efforts and has initiated a significant project in Malaysia, marking its entry into the onshore natural gas commercialization market[66] - The company plans to independently list its testing services segment on the Chinese mainland capital market, with formal approval received from the Hong Kong Stock Exchange for the spin-off[72] - The company has established supplier financing arrangements to facilitate credit access for suppliers, which may impact cash flow management strategies moving forward[28] - The company has upgraded its digital sales platforms, enhancing its online influence with nearly 100,000 followers across its websites[61] - The company aims to strengthen its global development strategy by focusing on both mature and emerging markets, particularly in Iraq and other regions[81] - The company will continue to advance its management system's digitalization and globalization, enhancing risk control capabilities and establishing a data-driven decision-making system[82] Shareholder Returns - The company paid a total cash dividend of RMB 73.49 million during the reporting period[12] - The company repurchased a total of 17,042,000 shares in the secondary market to stabilize stock price fluctuations[49] Governance and Compliance - The company has established an Audit Committee in compliance with listing rules and corporate governance codes, consisting of three independent non-executive directors[115] - The Audit Committee has reviewed the unaudited interim financial statements for the six months ending June 30, 2025[115] - The announcement date is August 27, 2025, indicating the company's commitment to timely financial reporting[115]

Core Viewpoint - Antong Oilfield Services (03337) has announced a positive earnings forecast, expecting a significant increase in profit for the first half of 2025 compared to the same period in 2024, driven by business expansion and reduced financial costs [1] Group 1: Earnings Forecast - The company anticipates a profit attributable to equity holders of approximately RMB 150 million to RMB 170 million for the six months ending June 30, 2025, representing a substantial increase of 41.6% to 60.5% compared to RMB 105.9 million in the same period of 2024 [1] Group 2: Revenue Growth - In the second quarter, the company secured new orders amounting to RMB 3.012 billion, reflecting a year-on-year growth of 14.2% [1] - New orders from the Iraq market reached approximately RMB 1.812 billion, marking a 20.5% increase year-on-year [1] - New orders from other overseas markets totaled about RMB 287 million, showing a significant growth of 69.3% compared to the previous year [1] - New orders from the Chinese market were approximately RMB 913 million, which is a decline of 5.4% year-on-year [1] Group 3: Business Focus - The company continues to enhance its core competitiveness in oil and gas development and utilization efficiency through five main business segments: marginal oil and gas resource development, oilfield management services, oilfield technology services, natural gas utilization, and AI-enabled oil and gas development [1]