China Oilfield Services Ltd operates within the Drilling oil and gas wells sector.
In addition to historical fundamental analyses, the complete report available to purchase compares China Oilfield Services Ltd with three other
Oil and Gas Field Services in Asia:
Japan Drilling Co Limited
sales of 36.23 billion Japanese Yen [US$328.58 million]
of which 75%
was Ocean Development),
Aban Offshore Limited
(33.35 billion Indian Rupees [US$519.52 million]
of which 100%
was Drilling), and
Scomi Group Bhd
based in Malaysia
(1.38 billion Malaysian Ringgits [US$321.78 million]
of which 73%
was Oilfield services).
During the year ended December of 2016, sales at
China Oilfield Services Ltd were 15.09 billion Chinese Renmimbi (US$2.25 billion).
decrease of 34.9%
versus 2015, when the company's sales were 23.17 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 46.0% decline
in Drilling Services, from 12.04 billion Chinese Renmimbi to 6.50 billion Chinese Renmimbi.
There were also decreases in sales in
Well Services (down 19.5% to 5.57 billion Chinese Renmimbi)
Marine Support and Transportation Services (down 27.9% to 1.95 billion Chinese Renmimbi)
Geophysical Services (down 29.5% to 1.07 billion Chinese Renmimbi)