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
(2017
sales of 194.62 million Omani Rials [US$505.52 million]
of which 52%
was Contract Services Group),
Maridive & Oil Services
of Egypt
(4.24 billion Egyptian Pounds [US$236.55 million]
of which 60%
was Projects), and
Lapidoth Capital Ltd
which is
based in Israel
(1.39 billion Israel Shekels [US$382.59 million]
).
Sales Analysis.
Gulf International Services Company reported sales of 2.49 billion Qatari Riyals (US$682.75 million)
for the
year ending
December of 2017.
This
represents
a
decrease of 16.8%
versus 2016, when the company's sales were 2.99 billion Qatari Riyals.
Contributing to the drop in overall sales was the 44.0% decline
in Catering, from 869.42 million Qatari Riyals to 487.17 million Qatari Riyals.
There were also decreases in sales in
Drilling (down 0.2% to 1.18 billion Qatari Riyals)
and
Avitation (down 0.5% to 531.77 million Qatari Riyals)
and
Insurance (down 25.0% to 332.39 million Qatari Riyals)
.