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Velesto Energy Bhd Company Snapshot
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: PetroVietnam Drilling & Well Service Corp of VIETNAM (2019 sales of 4.37 trillion Vietnamese Dong [US$188.26 million] of which 50% was Drilling Oil and Gas Well), Scomi Group Bhd (643.50 million Malaysian Ringgits [US$154.87 million] ), and Scomi Energy Services Bhd (514.80 million Malaysian Ringgits [US$123.90 million] ).

Sales Analysis. Velesto Energy Bhd reported sales of 670.76 million Malaysian Ringgits (US$161.43 million) for the year ending December of 2019. This represents an increase of 16.9% versus 2018, when the company's sales were 573.80 million Malaysian Ringgits. Sales of Drilling Services saw an increase of 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) .
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Velesto Energy Bhd
  Stock Performance Chart for Velesto Energy Bhd
  Stock Data: Recent Stock Performance:
  Current Price (9/18/2020): .14
(Figures in Malaysian Ringgits)
1 Week 3.8%   13 Weeks -12.9%  
4 Weeks -12.9%   52 Weeks -57.1%  
Velesto Energy Bhd Key Data:
  Ticker: VELESTO Country: Malaysia
  Exchanges: KUL Major Industry: Energy
    Sub Industry: Drilling Oil & Gas Wells
  2019 Sales 670,756,000
(Year Ending Jan 2020).
Employees: 715
  Currency: Malaysian Ringgits Market Cap: 1,109,106,000
  Fiscal Yr Ends: December Shares Outstanding: 8,215,600,000
  Share Type: Ordinary Closely Held Shares: 5,403,014,713
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