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Velesto Drilling Sdn. Bhd. (Malaysia)

Main Activities: Support Activities for Mining
Full name: Velesto Drilling Sdn. Bhd. Profile Updated: February 05, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Velesto Energy Berhad is a provider of drilling services for the oil and gas industry, operating a fleet of offshore drilling rigs and hydraulic workover units. The company offers drilling services for exploration, development, and production wells in Malaysia and other parts of South East Asia. Velesto Energy Berhad claims to have a leading position in Malaysia while pursuing opportunities for global expansion, with an emphasis on the South East Asia region and the Middle East. The company is committed to contributing to the building of the nation's human capital and the national economy, and has spent a significant amount on local procurement and employs a majority of Malaysian staff.

Headquarters
Level 18, Block 3A, Plaza Sentral, Jalan Stesen Sentral 5
Kuala Lumpur; Federal Territories; Postal Code: 50470

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Website: http://www.velesto.com

Basic Information
Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
July 29, 2003
Key Executives
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Director
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Director
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Director
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Director
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Secretary
Ownership Details
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70.76%
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29.24%
Subsidiaries
Velesto Drilling Academy Sdn. Bhd.
100%
Velesto Drilling Ltd
100%
Company Performance
Financial values in the chart are available after Velesto Drilling Sdn. Bhd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MYR. Absolute financial data is included in the purchased report.
Net sales revenue
107.01%
Total operating revenue
107.01%
Operating profit (EBIT)
94.68%
Net Profit (Loss) for the Period
75.43%
Total assets
65.58%
Total equity
2529.74%
Operating Profit Margin (ROS)
13.95%
Net Profit Margin
15.55%
Return on Equity (ROE)
3884.88%
Quick Ratio
-0.04%

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