Wah Seong Corporation Bhd operates in the Oil and gas field services sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Wah Seong Corporation Bhd with three other
companies in this sector in Malaysia:
Malaysia Marine and Heavy Engineering Holdings Berhad
sales of 1.19 billion Malaysian Ringgits [US$277.82 million]
of which 63%
was Engineering & Construction),
Bumi Armada Bhd
(1.32 billion Malaysian Ringgits [US$307.23 million]
of which 70%
was Offshore Marine Services), and
Serba Dinamik Holdings Bhd
(1.41 billion Malaysian Ringgits [US$328.49 million]
of which 152%
was Operations and Maintenance).
Wah Seong Corporation Bhd reported sales of 1.28 billion Malaysian Ringgits (US$297.71 million)
December of 2016.
decrease of 30.6%
versus 2015, when the company's sales were 1.84 billion Malaysian Ringgits.
Contributing to the drop in overall sales was the 52.0% decline
in Oil and Gas, from 881.22 million Malaysian Ringgits to 422.95 million Malaysian Ringgits.
There were also decreases in sales in
Industrial Trading and Services (down 7.1% to 496.17 million Malaysian Ringgits)
Renewable Energy (down 20.7% to 292.54 million Malaysian Ringgits)
However, these declines were partially offset by the increase in sales of
Others (up 17.4% to 64.92 million Malaysian Ringgits)