Offshore Oil Engineering Co., Ltd. operates within the Oil and gas field services sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Offshore Oil Engineering Co., Ltd. with three other
companies in this sector in China:
Jinhong Holding Group Co Ltd
sales of 3.76 billion Chinese Renmimbi [US$541.59 million]
of which 96%
was Natural Gas),
Zhejiang Renzhi Co Ltd
(3.31 billion Chinese Renmimbi [US$476.73 million]
of which 95%
was Commodity Trade), and
CWG International Ltd
(3.79 billion Chinese Renmimbi [US$544.76 million]
During the year ended December of 2017, sales at
Offshore Oil Engineering Co., Ltd. were 10.17 billion Chinese Renmimbi (US$1.46 billion).
decrease of 14.9%
versus 2016, when the company's sales were 11.95 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 33.5% decline
in Non Marine Engineering, from 5.69 billion Chinese Renmimbi to 3.78 billion Chinese Renmimbi.
There were also decreases in sales in
Other Business (down 21.3% to 63.00 million Chinese Renmimbi)
However, these declines were partially offset by the increase in sales of
Oceanographic Engineering (up 3.0% to 6.41 billion Chinese Renmimbi)