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---Vietnam Oil and Gas
---PVIF
Announcement
The Separate Financial Statement and Consolidated Financial Statement for Quarter 4/2017
(01/30/2018)
PV Drilling would like to release the Separate FS and Consolidated FS for Quarter 4/2017 as well as analyze our business performance as follows:
Seperate FS
Consolidated FS
Q4/2017
Q4/2016
% variance
Q4/2017
Q4/2016
% variance
Revenue
790,6
478,7
65,2%
1.188,4
811,0
46,5%
NPAT for sharehoders
251,7
23,8
957,6%
253,7
34,2
641,8%
Unit: Bil VND
Compared to the same period last year, Holding Company and Consolidated NPAT of Quarter 4/2017 showed an improvement of 957,6% and 641,8% respectively, primarily due to the following reasons:
- The number of jack-up rigs operating in Q4/2017 increased compared to Q4/2016 (Q4/2017: 3,6 rigs vs 2,1 rigs of Q4/2016);
- PV Drilling continued to conduct comprehensive cost reduction and corporate reorganization;
- In Q4/2017, PV Drilling reverted the 2013, 2014 and 2015 unused Science and Technology Fund as required by laws.
Together with the fact that the oil and gas industry has shown optimistic signals such as oil price rising above 70 USD/barrel as well as regional day rates demonstrating significant improvement, PV Drilling expects to achieve better business performance in upcoming time.
Sincerely.
The Consolidated Financial Statement:
Link
The Separate Financial Statement:
Link
Other News
The Separate Financial Statement and Consolidated Financial Statement for Quarter 3/2017
(10/30/2017)
Announcement on the Board of Directors’ Resolution on establishment of division in Malaysia
(10/17/2017)
Annoucement on the 2017 Reviewed Interim Separate and Consolidated Financial Statement
(08/30/2017)
PV Drilling sponsors the IADC Drilling HSE&T Asia Pacific Conference & Exhibition event
(08/21/2017)
The Separate Financial Statement and Consolidated Financial Statement for Quarter 2/2017
(07/28/2017)
The Separate Financial Statement and Consolidated Financial Statement for Quarter 1/2017
(04/28/2017)
PV Drilling's 2016 Annual Report
(04/20/2017)
Announcement of the 2016 Audited Separate Financial Statement and Consolidated Financial Statement
(03/31/2017)
The Separate Financial Statement and Consolidated Financial Statement for Quarter 4/2016
(01/25/2017)
The Separate Financial Statement and Consolidated Financial Statement for Quarter 3/2016
(10/28/2016)
total of 42 posts
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Address:
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Tel:
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