Q3 2020 China Oilfield Services Ltd Earnings Call (Chinese, English) Transcript
Ladies and gentlemen, good afternoon. First of all, thanks for joining the 2020 third quarter results conference call of China Oilfield Services Limited. Now please allow me to introduce you the management representatives: Mr. Zheng Yonggang, Chief Financial Officer; and Mrs. Wu Yanyan, Corporate Secretary. At today's presentation, Mr. Zheng Yonggang will walk you through the financial figures and operational review for the first 3 quarters of 2020. After that, we'll open the floor for questions.
Now let me pass it down to Mr. Zheng.
Okay. Ladies and gentlemen, good afternoon. I'm Simon, CFO of COSL. Welcome to the 2020 third quarter results conference call. COSL has just released 2020 third quarterly results.
Firstly, I would like to give you the brief introduction. As of the third quarter of 2020, due to the due impact of COVID-19 pandemic and the de-priced global oil price, the international oil service market fell into the trough, benefited from the continuous implementation of the
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