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COSL FY26 H1 profit rises 2.8% to RMB 2.13 billion; revenue increases 1.9% to RMB 23.73 billion
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COSL FY26 H1 profit rises 2.8% to RMB 2.13 billion; revenue increases 1.9% to RMB 23.73 billion
  • COSL posted first-half revenue of RMB 23.73 billion, up 1.9%, while profit for the period rose 2.8% to RMB 2.13 billion.
  • Operating profit climbed 16% to RMB 3.38 billion; basic earnings per share increased to RMB 0.42 from RMB 0.41.
  • Drilling services revenue rose 3% to RMB 7.45 billion, supported by higher semi-submersible activity; rig available-day utilization held at 93.7%.
  • Well services revenue increased 1.5% to RMB 12.55 billion, helped by higher overseas integrated revenue; marine support segment operating profit fell 54.5% to RMB 72.2 million.
  • Management flagged oil-price volatility and geopolitical risks, while targeting overseas expansion and technology-led growth in the second half.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. COSL - China Oilfield Services Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260907-12323016), on September 07, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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