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    2883   CNE1000002P4

CHINA OILFIELD SERVICES LIMITED

(2883)
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China Oilfield Services Limited Announces Resignation of Mr. Qi Meisheng as Executive Director

10/28/2021 | 04:56am EST

On 28 October 2021, the board of directors of China Oilfield Services Limited received the written resignation from Mr. Qi Meisheng, a current executive director of the Company. The resignation of Mr. Qi Meisheng as an executive director of the Company was due to the adjustment of his work arrangement, with effect from the date when a new executive director is appointed by the shareholders of the Company at the Extraordinary General Meeting. Mr. Qi Meisheng has confirmed that he has no disagreement with the Board and there is no matter that needs to be brought to the attention of the holders of the securities of the Company and The Stock Exchange of Hong Kong Limited with regard to his resignation. Mr. Qi Meisheng performed his work rigorously, diligently and pragmatically during his tenure as an executive director of the Company. Meanwhile, he effectively protected the shareholders' rights, and the compliance and quality operations of the Company.


ę S&P Capital IQ 2021
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Financials
Sales 2021 29 173 M 4 600 M 4 600 M
Net income 2021 2 389 M 377 M 377 M
Net Debt 2021 15 787 M 2 489 M 2 489 M
P/E ratio 2021 12,6x
Yield 2021 2,53%
Capitalization 55 798 M 8 793 M 8 798 M
EV / Sales 2021 2,45x
EV / Sales 2022 2,13x
Nbr of Employees 14 602
Free-Float -
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Technical analysis trends CHINA OILFIELD SERVICES LIMITED
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 11
Last Close Price 6,29 CNY
Average target price 7,45 CNY
Spread / Average Target 18,6%
EPS Revisions
Managers and Directors
Shun Qiang Zhao Chairman, CEO & Board Secretary
Yong Gang Zhong Chief Financial Officer
Wen Peng Chairman-Supervisory Board
Xin Sheng Cheng Independent Member-Supervisory Board
Kwai Huen Wong Independent Non-Executive Director
Sector and Competitors