Petrovietnam Technical Services Corp
VN:PVS
Gross Margin
Petrovietnam Technical Services Corp
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| VN |
P
|
Petrovietnam Technical Services Corp
VN:PVS
|
16.4T VND |
4%
|
|
| US |
|
Schlumberger NV
NYSE:SLB
|
44.7B USD |
20%
|
|
| US |
B
|
Baker Hughes Co
NASDAQ:BKR
|
43B USD |
23%
|
|
| LU |
|
Tenaris SA
MIL:TEN
|
16.4B EUR |
34%
|
|
| US |
|
Halliburton Co
NYSE:HAL
|
18.6B USD |
18%
|
|
| UK |
|
TechnipFMC PLC
NYSE:FTI
|
14.5B USD |
20%
|
|
| FR |
|
Technip Energies NV
PAR:TE
|
6.6B EUR |
14%
|
|
| UK |
|
Subsea 7 SA
OSE:SUBC
|
59.7B NOK |
11%
|
|
| CN |
|
CNOOC Energy Technology & Services Ltd
SSE:600968
|
41B CNY |
14%
|
|
| CN |
|
Yantai Jereh Oilfield Services Group Co Ltd
SZSE:002353
|
39.6B CNY |
32%
|
|
| IT |
|
Saipem SpA
MIL:SPM
|
4.4B EUR |
30%
|
Petrovietnam Technical Services Corp
Glance View
PetroVietnam Technical Services Corp. engages in the provision of technical services for the oil and gas industry. The company is headquartered in Ho Chi Minh, Ho Chi Minh. The company went IPO on 2007-09-20. The firm provides petroleum storage services and marine transportation services using sea-borne tankers and specialized vessels. The company is also involved in the provision of engineering services, geophysical surveying and mapping services and ship repair services. Moreover, it manufactures and installs tanks and gas pipelines. The firm also offers marine port services and offshore facility management and maintenance services. Other operations include the trading of petroleum and other petrochemicals. As of December 31, 2012, the Company was a subsidiary of Vietnam National Oil and Gas Group (Petrovietnam), and it had 13 subsidiaries, three joint ventures, five affiliates, along with six branches.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Petrovietnam Technical Services Corp's most recent financial statements, the company has Gross Margin of 4.1%.
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