SEHK:3337Energy Services
Anton Oilfield Services Group (SEHK:3337) Stock Caught In A Profit Margin Squeeze
Anton Oilfield Services Group stock closed at HK$0.73 on Wednesday after a rough few months, with the share price down 5.2% over the past week and 27.7% over three months. The market appears to be firmly focused on the squeeze in profitability rather than the headline revenue line.
The key story in this half year is margin and earnings pressure. Net income from continuing operations over the trailing twelve months sits at ¥325.0m on revenue of ¥5.6b, which leaves a net profit margin of 5.6%...