Velesto Energy Bhd operates in the Drilling oil and gas wells sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Velesto Energy Bhd with three other
Oil and Gas Field Services in Asia:
Scomi Energy Services Bhd
sales of 514.80 million Malaysian Ringgits [US$121.85 million]
Scomi Group Bhd
(643.50 million Malaysian Ringgits [US$152.31 million]
PetroVietnam Drilling & Well Service Corp
based in VIETNAM
(4.37 trillion Vietnamese Dong [US$188.26 million]
of which 50%
was Drilling Oil and Gas Well).
Velesto Energy Bhd reported sales of 670.76 million Malaysian Ringgits (US$158.76 million)
December of 2019.
increase of 16.9%
versus 2018, when the company's sales were 573.80 million Malaysian Ringgits.
Sales of Drilling Services saw an increase
18.6% in 2019, from
556.64 million Malaysian Ringgits to 660.07 million Malaysian Ringgits.
Not all segments of Velesto Energy Bhd experienced an increase in sales in 2019:
sales of Others fell 44.4% to 535,000.00 Malaysian Ringgits.
(However, this segment's sales were only a very small portion of the company's overall sales).
Velesto Energy Bhd also experienced decreases in sales in
Oilfield Services (down 37.3% to 10.15 million Malaysian Ringgits)