Jutal Offshore Oil Services (03303) Issues Profit Warning

Bulletin Express03-03

Jutal Offshore Oil Services Limited (the “Company”), stock code 03303, released an announcement indicating a projected profit attributable to owners of the Company for the year ended 31 December 2025 in the range of RMB30.00 million to RMB60.00 million. This figure represents an anticipated decrease of approximately 83.79% to 67.58% compared with a profit of RMB185.07 million for the year ended 31 December 2024.

The Company attributes the decline primarily to a significant reduction in workload at its manufacturing sites. According to the announcement, the management’s assessment is based on the Group’s unaudited management accounts for 2025, which are subject to finalization and potential adjustments upon audit review.

The announcement also advises shareholders and prospective investors to exercise caution when dealing in the Company’s securities, as the detailed audited financial information for 2025 has yet to be finalized and will be disclosed in due course.

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