Gulf International Services Company operates in the Drilling oil and gas wells sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Gulf International Services Company with three other
Oil and Gas Field Services in Middle East:
Renaissance Services SAOG
of Oman
(2016
sales of 206.47 million Omani Rials [US$536.28 million]
of which 53%
was Marine Group),
Maridive & Oil Services
of Egypt
(2.61 billion Egyptian Pounds [US$145.41 million]
of which 59%
was Projects), and
Lapidoth Capital Ltd
which is
based in Israel
(1.26 billion Israel Shekels [US$352.92 million]
).
Sales Analysis.
Gulf International Services Company reported sales of 2.99 billion Qatari Riyals (US$811.73 million)
for the
year ending
December of 2016.
This
represents
a
sharp
decrease of 28.2%
versus 2015, when the company's sales were 4.16 billion Qatari Riyals.
Contributing to the drop in overall sales was the 36.1% decline
in Drilling, from 1.84 billion Qatari Riyals to 1.18 billion Qatari Riyals.
There were also decreases in sales in
Catering (down 17.1% to 869.42 million Qatari Riyals)
and
Avitation (down 15.0% to 534.31 million Qatari Riyals)
and
Insurance (down 35.4% to 442.90 million Qatari Riyals)
.