Anton Oilfield Services Logs 73% Boost in New Orders in Q4 2024
MT Newswires Live01-22
Anton Oilfield Services' (HKG:3337) saw a 73% or 2.65 billion yuan year-over-year rise in new orders for the fourth quarter of 2024, a Wednesday bourse filing said.
Of this, new orders in the Iraq and China markets rose by 103% and 81% to roughly 1.68 billion yuan and 931.1 million yuan from a year prior.
New orders from other overseas markets came in at around 41 million yuan, down 78% from the year-ago period.
As of Dec. 31, 2024, order backlog stood at approximately 14.2 billion yuan, of which orders from Iraq, overseas, and China contributed 6.15 billion yuan, 1.14 billion yuan, and 6.94 billion yuan.
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