BUZZ-Anton Oilfield at nearly 5-yr high on 10-fold growth goal in 5 years

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BUZZ-Anton Oilfield at nearly 5-yr high on 10-fold growth goal in 5 years

Reuters01-22

** Anton Oilfield Services Group jumps as much as 12.7% to HK$0.71, highest since March 2020

** Stock set for biggest one-day pct gain since March 2023

** Chinese oil and gas field integrated technical services provider aims to achieve high growth in 2025

** Says co will expand globally, with focus on Middle East, Central Asia, Southeast Asia, Africa and other emerging markets

** Adds, "With 2025 as the year to lay the foundation for high growth, the group has put forward the strategic goal of achieving ten-fold growth in five years and formulated specific action plans by 2030"

** Stock surged 48.2% last year

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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