Engineering sector in the first half to achieve overall profitability
China oil network news July 21st, reporters from the engineering branch was informed that from January to June this year, engineering technology sector as a whole to achieve revenue 42 billion 800 million yuan, an increase of 16%, the two consecutive month to maintain profit, an increase of 600 million yuan profit plate; the first half of the year to achieve profitability, 8 engineering enterprise revenues to achieve positive growth operating conditions, continuous improvement.
Over the past two years, the world's upstream investment has dropped by 40%, and prices have fallen sharply. In the face of great pressure on the operation, engineering and technology sector and resolutely implement the party work requirements, and the oil sector closely hold together, play integration advantages, take initiative to visit the oil demand, price pressure, full protection of oilfield exploration and development. Vigorously develop the external market, to strengthen the fine management, energy savings, in extremely difficult conditions, hold the overall loss and free cash flow is the bottom line. Especially in 2016, oil and clothing enterprises in China and abroad in large losses, the profit of 240 million yuan.
"No market, no everything, seize the market is to seize the benefits."." Qin Yonghe, general manager of Engineering Branch told reporters. Low price, engineering technology sector will open as the lifeline engineering market, market segmentation into six categories, making different coping strategies according to different market conditions, highlight the "leaders" marketing strategy, to create a complete market development system. At the same time, in the service guarantee market production, it is safer, better than quality, faster than price, and more risky than the external team. In accordance with the "661 objectives", to enhance the CNODC market share, and vigorously explore the international external market. In the first half of this year, the domestic market of engineering technology sector accumulated a total of 24 billion 400 million yuan, an increase of 11%; the international market won 17 billion 400 million yuan, a year-on-year growth of 40%, and an increase of 3 percentage points in the proportion of international income.
In order to give full play to the overall force, and fully mobilize the initiative to develop the market, the group company personnel department introduced policy incentives to encourage all parties to promote internal workload, and to give assessment incentives. Special award for market development was set up this year, and Party A, who made contributions to the development of the market, was rewarded with cash reward, creating a policy environment for maximizing the overall interests of the group company. At the same time, the branch of engineering and technology takes the performance contract as the starting point, further dismantling and subdividing the assessment indicators, and integrating key links such as market development and technical services into the scope of assessment. At the same time, strengthen the process control, regular notification, the operating pressure transmission layers, and fully stimulate enterprise service guarantee and development of the external market enthusiasm.
The efficiency of 25 in accordance with the requirements of engineering and technology sector cut costs, the enterprise business model innovation, increase procurement efforts to promote industrial scale construction, strengthen the fine management, optimize investment structure and team configuration, clean up the historical debts, the cost of growth from the fuel material expenditure, outsourcing project expenditure, freight, and maintenance personnel, depreciation and other aspects of control. The first half of this year, engineering technology sector changes in the cost of an increase of 11%, 5 percentage points lower than the income growth, energy savings achieved.
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