HK-listed Jutal Offshore Oil rises 5 pct on H1 profit f'cast

Jutal Offshore Oil Services

10/08/2018 08:37

** Shares in Jutal Offshore Oil Services Ltd  3303.HK  rally
5.31 pct, after the Shenzhen-based oil service provider posted a
robust profit forecast for the first half 
    ** The firm expects to record a significant increase in
turnover and net profit for the first half, on an increase of
the group's business volume  urn:newsml:reuters.com:*:nFWN1V00ML
    ** Stock is set for its best day since May 31
    ** As of the previous close, the stock had fallen 47.2
percent so far this year
    ** As of 0715 GMT, about 6.17 million shares of the company
have been traded, about 5 times compared with their 30-day
moving average of 1.24 million shares a day
    ** Hong Kong's benchmark index  .HSI  is down 0.75 pct

 ((Reuters Messaging: Cheng.Li.thomsonreuters.com@reuters.net))