Monday, 30/03/2015 00:00

PVD: Explanation for financial statements in 2014

Petrovietnam Drilling & Well Service Corporation explained financial statements in 2014 as follows:

By: billion dongs

 

Financial statements of parent company

Consolidated financial statements

 

2014

2013

% increased/decreased

2014

2013

% increased/decreased

Revenue

13,482

9,782

37.83%

20,884

14,867

40.48%

Profit after tax

2,107

1,612

30.68%

2,419

1,883

28.46%

Reason:

–     The number of jack-up drilling rig in 2014 was 5.5 while it was 3 in 2013.

–     Price for rent of jack-up drilling rig in 2014 increased by 8% compared to 2013.

–     Other services relevant to drilling have a good growth.

HOSE

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