Article: ANTON OILFIELD H1 NET PROFITS SLUMPED 80.3%


AsiaInfo Services
09-09-2008
Anton Oilfield H1 Net Profits Slumped 80.3%

HONG KONG, Sep 09, 2008 (SinoCast via COMTEX) -- Chinese private oilfield services provider Anton Oilfield Services Group (SEHK: 3337) today posted net profits of CNY 8.329 million for the first half of 2008, plunging 80.3% from a year ago, due to foreign exchange losses and share option-related expenditures.

The company saw its total revenue hiked 78.2% year on year to CNY 310.1 million, including CNY 151.6 million from the well services business, CNY 102.4 million from the drilling services business, CNY 19 million from the production services business and CNY 37.1 million from the field services business, ...

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