TH Heavy Engineering Bhd operates in the Oil and gas field services sector.
In addition to historical fundamental analyses, the complete report available to purchase compares TH Heavy Engineering Bhd with three other
Oil and Gas Field Services in Asia:
Dolphin Offshore Enterprises (India) Limited
sales of 1.96 billion Indian Rupees [US$29.37 million]
of which 100%
was Offshore Services),
Asian Oilfield Services Ltd
(1.41 billion Indian Rupees [US$21.05 million]
Ratu Prabu Energi Tbk PT
based in Indonesia
(225.79 billion Indonesian Rupiahs [US$16.91 million]
Sales fell dramatically in 2015:
TH Heavy Engineering Bhd reported sales of 100.50 million Malaysian Ringgits (US$22.54 million)
December of 2015.
decrease of 70.8%
versus 2014, when the company's sales were 344.12 million Malaysian Ringgits.
Contributing to the drop in overall sales was the 72.5% decline
in Construction Services, from 424.71 million Malaysian Ringgits to 116.90 million Malaysian Ringgits.
There were also decreases in sales in
Offshore Crane Works (down 53.9% to 1.57 million Malaysian Ringgits)
Others (down 17.7% to 8.97 million Malaysian Ringgits)