Petrovietnam General Services Corp operates within the Oil and gas field machinery sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Petrovietnam General Services Corp with three other
construction and mining equipment manufacturers in Asia:
KNM Group Bhd
of Malaysia
(2018
sales of 1.43 billion Malaysian Ringgits [US$344.81 million]
of which 100%
was Management Services),
Honghua Group Limited
of China
(4.21 billion Chinese Renmimbi [US$598.77 million]
of which 55%
was Land Drilling Rigs), and
Hilong Holding Limited
which is
also
based in China
(3.22 billion Chinese Renmimbi [US$458.84 million]
of which 44%
was Oilfield equipment manufacturing and ser).
Sales Analysis.
During the year ended December of 2018, sales at
Petrovietnam General Services Corp were 11.09 trillion Dong (US$478.06 million).
This
is
an
increase of 3.6%
versus 2017, when the company's sales were 10.70 trillion Dong.
The sales level in 2018 was fairly close to the level five years ago: in 2013, Petrovietnam General Services Corp had sales
of 11.52 trillion Dong.
Sales of Petrolium Machinery Equipments saw an increase
that was more than double the company's growth rate: sales were up
85.9% in 2018, from
685.61 billion Dong to 1.27 trillion Dong.
Petrovietnam General Services Corp also saw significant increases in sales in
Other Serivces (up 22.2% to 1.68 trillion Dong)
and
Plastic Beads, Fiber, Gas (up 30.6% to 1.66 trillion Dong)
.
Not all segments of Petrovietnam General Services Corp experienced an increase in sales in 2018:
sales of Electronic Goods fell 12.1% to 6.48 trillion Dong.