Jutal Offshore Oil Services Ltd. announced audited consolidated earnings results for the year ended December 31, 2016. For the period, the company reported turnover of RMB 721,614,000 against RMB 658,566,000 a year ago. Loss from operations was RMB 3,805,000 against profit of RMB 26,901,000 a year ago. Profit before tax was RMB 17,256,000 against profit of RMB 34,415,000 a year ago. Loss for the period attributable to owners of the company was RMB 11,586,000 or 1.45 cents per basic and diluted share against profit of RMB 26,714,000 or 3.34 cents per basic and diluted share a year ago.