Offshore Oil Engineering Co., Ltd. operates within the Oil and gas field services sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Offshore Oil Engineering Co., Ltd. with three other
companies in this sector in China:
Zhejiang Renzhi Co Ltd
sales of 2.55 billion Chinese Renmimbi [US$361.80 million]
of which 65%
Jinhong Holding Group Co Ltd
(4.43 billion Chinese Renmimbi [US$629.23 million]
of which 96%
was Natural Gas), and
Anton Oilfield Services Group
(2.94 billion Chinese Renmimbi [US$417.10 million]
of which 46%
was Drilling Technology).
During the year ended December of 2018, sales at
Offshore Oil Engineering Co., Ltd. were 11.05 billion Chinese Renmimbi (US$1.57 billion).
increase of 8.7%
versus 2017, when the company's sales were 10.17 billion Chinese Renmimbi.
Despite this increase, sales are still
below the level achieved in 2016, when Offshore Oil Engineering Co., Ltd.
reported sales of 11.95 billion Chinese Renmimbi.
Sales of Oceanographic Engineering saw an increase
that was more than double the company's growth rate: sales were up
61.3% in 2018, from
6.41 billion Chinese Renmimbi to 10.34 billion Chinese Renmimbi.
Offshore Oil Engineering Co., Ltd. also saw significant increases in sales in
Other Business (up 15.9% to 73.00 million Chinese Renmimbi)
Not all segments of Offshore Oil Engineering Co., Ltd. experienced an increase in sales in 2018:
sales of Non Marine Engineering fell 83.0% to 643.00 million Chinese Renmimbi.