China Oilfield Services Ltd (FRA:CO9)
€ 0.86 -0.02 (-2.27%) Market Cap: 7.62 Bil Enterprise Value: 8.94 Bil PE Ratio: 23.89 PB Ratio: 1.74 GF Score: 79/100

Q1 2019 China Oilfield Services Ltd Earnings Call (Chinese, English) Transcript

Apr 26, 2019 / 09:15AM GMT
Release Date Price: €0.97 (-2.02%)
Operator

Ladies and gentlemen, good afternoon. First of all, thanks for joining the 2019 first-quarter results conference call of China Oilfield Services Limited. Now please allow me to introduce the management representatives to you. Mr. Zheng Yonggang, Chief Financial Officer.

At today's presentation Mr. Zheng will walk you through the financial figures and operational review for the first quarter. After that we will open the floor for questions. Now let me ask the time to Mr. Zheng.

Zheng Yonggang
China Oilfield Services Limited - CFO

Okay, ladies and gentlemen, good afternoon. I'm Zheng Yonggang, CFO of COSL. Welcome to the 2019 first-quarter results conference call of COSL. The Company has just released the 2019 first quarterly results. Firstly, I would like to give you the [great] introduction on COSL's first quarterly results 2019.

In view of continuous recovery of the oilfield service industry and the increasingly active market, the exploration and development activity in China has been accelerated. In the first quarter of 2019 the Company's

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