Gelonghui, March 26, 丨 Sinopec Oil Service (01033.HK) announced its 2023 annual results. In 2023, the company's consolidated revenue was RMB 79.98 billion, up 8.4% year on year; net profit attributable to the company's shareholders was RMB 590 million, up 23.8% year on year; basic profit per share was RMB 0.031, up RMB 0.006; net cash from operating activities was RMB 5.58 billion, increasing net inflow of RMB 1.38 billion year on year.
In 2023, the company focused on combining quantity and quality, and made every effort to expand the high-quality large-scale market. The total amount of new contracts signed throughout the year was RMB 82.4 billion, an increase of 1.7% over the previous year, setting the best level since the 13th Five-Year Plan. Among them, the amount of new contracts signed in the Sinopec Group market was RMB 50 billion, a year-on-year decrease of 0.8%; the amount of new contracts signed in the domestic and external markets was RMB 15.7 billion, up 4.7% year on year; and the amount of new contracts signed in the overseas market was RMB 16.7 billion, up 7.1% year on year. High quality and efficient engineering services, setting 419 new construction records throughout the year; achievements in scientific and technological innovation continued to emerge, and breakthroughs in many key core technologies were accelerated; new progress was made in resource coordination and optimization, the construction of a project-based management system progressed steadily, and risk prevention reached a new level; production and operation remained safe and stable throughout the year, and various tasks achieved new results and developments.