Anton Oilfield Services Group provided group earnings guidance for the six months ended 30 June 2022. For the period, the company expects Group's profit attributable to equity holders for the six months ended 30 June 2022, will range from RMB 80.0 million to RMB 95.0 million, representing a significant increase of between 86.8% and 121.9% as compared with the same period in 2021. The growth is mainly attributable to the continuous underinvestment of the E&P sector in the oil and gas industry in the past few years has led to the global oil and gas supply tight, under such circumstances, oil
companies are increasing their construction of production capability, and the industry entered into a new upcycle, with the promotion of the global COVID-19 vaccine and the improvement of the pandemic situation, the Group's projects in the overseas markets that had been suspended due to the pandemic have all resumed work, the overall profit margin has thus increased, and the Group has been implementing the "Amoeba" operating management, further improving operating efficiency.