Zhi Tong Cai Jing·2025-10-30 01:56Core Viewpoint - CNOOC Services (601808)(02883) experienced a stock price increase of over 6% following the release of its third-quarter earnings report, indicating positive market sentiment towards the company's performance [1] Financial Performance - The company reported a revenue of 11.533 billion yuan for the third quarter, representing a year-on-year growth of 3.6% [1] - The net profit attributable to shareholders was 1.246 billion yuan, showing a significant year-on-year increase of 46.1% [1] Market Expectations - According to CICC, the third-quarter performance for 2025 exceeded market expectations, with an increase in drilling operation days compared to the previous year [1] - The gross profit margin for the company improved by 2 percentage points year-on-year to 13%, attributed mainly to high day-rate projects in the North Sea [1] Future Outlook - There are expectations for continued high-value orders in deepwater projects in Norway, and gradual profit contributions from deepwater operations in Brazil, indicating a potential recovery in global drilling activity [1] - Oil service operations showed a slight decline year-on-year, suggesting mixed performance in this segment [1]