Offshore Oil Engineering Co.,Ltd's (SHSE:600583) Price Is Right But Growth Is Lacking

Simply Wall StApr 15 00:47 ET

Express News | Offshore Oil Engineering Says Controlling Shareholder Plans to Boost Holdings by 300-500 Mln Yuan

ReutersApr 8 04:12 ET

Offshore Oil Engineering (600583.SH): China National Offshore Oil Corporation intends to increase its shareholding of 0.3 billion yuan to -0.5 billion yuan in the company's A-shares.

Glory Financial reported on April 8 that Offshore Oil Engineering (600583.SH) announced that on April 8, 2025, it received a notice from its controlling shareholder, CNOOC Group (hereinafter referred to as "CNOOC Group"), which plans to increase its shareholding in the company's A-shares through the Shanghai Exchange with a centralized bidding method within 12 months from the date of this announcement, with a total investment amount no less than RMB 0.3 billion and no more than RMB 0.5 billion.

Gelonghui FinanceApr 8 04:10 ET

Returns On Capital Are Showing Encouraging Signs At Offshore Oil EngineeringLtd (SHSE:600583)

Simply Wall StApr 1 21:18 ET

Offshore Oil Engineering Co.,Ltd Just Recorded A 9.3% EPS Beat: Here's What Analysts Are Forecasting Next

Simply Wall StMar 19 18:04 ET

Research Reports Gold Rush | Cinda Securities: Offshore Oil Engineering's profitability will continue to improve in 2024, maintaining a 'Buy' rating.

According to the Research Reports from Cinda Securities, in 2024, the profitability of Offshore Oil Engineering (601808.SH) continues to improve. The company's gross margin for 2024 is 12.28%, an increase of 1.53 percentage points from last year, and the net margin is 7.30%, an increase of 2.00 percentage points from last year. The company's onshore construction workload has slightly decreased, while offshore installation workload has increased. The growth in both the revenue share and profitability of Ocean Construction has driven the company's performance growth. Breakthroughs have been made in overseas New energy Fund business. In terms of New energy, the company has newly undertaken the Inqi Cape offshore wind power project in Europe, with a total investment of approximately 38.466 billion.

Gelonghui FinanceMar 18 05:14 ET