Offshore Oil Engineering Co (SHSE:600583) Other Income (Minority Interest) : ¥-14 Mil (TTM As of Mar. 2024)

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What is Offshore Oil Engineering Co Other Income (Minority Interest)?

Other Income (Minority Interest) represents par value or stated value of the subsidiary stock not owned by the parent company plus the minority interest's equity in the surplus of the subsidiary. Offshore Oil Engineering Co's Other Income (Minority Interest) for the three months ended in Mar. 2024 was ¥-7 Mil. Its Other Income (Minority Interest) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-14 Mil.

Offshore Oil Engineering Co Other Income (Minority Interest) Historical Data

The historical data trend for Offshore Oil Engineering Co's Other Income (Minority Interest) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Offshore Oil Engineering Co Other Income (Minority Interest) Chart

Offshore Oil Engineering Co Annual Data

Trend

Dec14

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Dec23

Other Income (Minority Interest)

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-0.72

-2.23

-2.19

7.72

-9.83

Offshore Oil Engineering Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Other Income (Minority Interest)	Get a 7-Day Free Trial															-2.99	-28.57	8.12	13.61	-6.83

Offshore Oil Engineering Co Other Income (Minority Interest) Calculation

Other Income (Minority Interest) represents par value or stated value of the subsidiary stock not owned by the parent company plus the minority interest's equity in the surplus of the subsidiary.

Other Income (Minority Interest) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-14 Mil.

Offshore Oil Engineering Co (SHSE:600583) Other Income (Minority Interest) Explanation

Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company. It is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Offshore Oil Engineering Co (SHSE:600583) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Offshore Oil Engineering Co Ltd (SHSE:600583) » Definitions » Other Income (Minority Interest)

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 199, Haibin 15 Road, TianjinPort Free Trade Zone, Tianjin, CHN, 300461

Website

http://www.cnoocengineering.com

Offshore Oil Engineering Co Ltd operates as an engineering design, procurement, construction, and installation (EPCI) company primarily for the oil and natural gas industry in China and internationally. The company provides technical services, subsea pipe maintenance, and other services for offshore oil underwater engineering; oil-gas field development and repair services; and consulting services for deep-sea engineering.

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