Barakah Offshore Petroleum Bhd operates in the Engineering services sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Barakah Offshore Petroleum Bhd with three other
companies in this sector in Malaysia:
Kelington Group Berhad
(2017
sales of 313.33 million Malaysian Ringgits [US$74.71 million]
),
AWC Berhad
(296.50 million Malaysian Ringgits [US$70.70 million]
), and
Frontken Corporation BHD
(296.58 million Malaysian Ringgits [US$70.72 million]
).
Sales Analysis.
Barakah Offshore Petroleum Bhd reported sales of 310.94 million Malaysian Ringgits (US$74.14 million)
for the
year ending
December of 2017.
This
represents
a
sharp
decrease of 50.1%
versus 2016, when the company's sales were 622.59 million Malaysian Ringgits.
Contributing to the drop in overall sales was the 61.7% decline
in Installation and Construction Services, from 487.33 million Malaysian Ringgits to 186.80 million Malaysian Ringgits.
There were also decreases in sales in
Pipeline and Commissioning Services (down 8.2% to 124.14 million Malaysian Ringgits)
.