Jutal Offshore Oil Services Limited announced 201 5 interim results on 31 August 2015 .

Since 2015, the Group has adopted various measures to strive to reduce cost and enhance efficiency and expand the market etc., so as to actively cope with the market situation after the fall in oil price. All division businesses were carried out orderly, contribute to maintain a stable operation.

In the first half of the year, turnover de creased 30.83 % to RMB 319 , 444 ,000; Gross profit decreased 16.45 % to RMB 83 , 589 ,000 and profit attribute to owners of the Company was RMB3 1 , 309, 000. Basic earnings per share was RMB0.0 39 .

The Group continued to maintain a high quality work in the projects related to FPSO construction, which was contracted last year, and have realized a satisfactory earning. The subsea equipments for offshore gas fields project in Australia were totally completed and delivered in the reporting period. We have achieved not only high-quality manufacturing but also excellent safety performance of more than 2 million working hours of zero loss and injury incident. As a result, our client specially awarded us with the honour of "Year Recognition Contractor". We have also started further construction of our Zhuhai manufacturing site to prepare for future projects needs.

Currently, the industry faces the challenge of low oil prices. The Group will continue to exercise cost control on various expenses, boost production efficiency, actively explore different market opportunities and formulate specific market strategies. Recently, we will focus on our operations on business including our newly awarded orders such as the fabrication of FPSO's topside modules, the construction of facilities for E-House package and the fabrication of gas facilities for the overseas market. We will also further enhance the facilities of the Zhuhai manufacturing site according to our business plan and project construction requirements.

distributed by