Brief: Petrolia Prelim Total Comprehensive Income Of USD 5.0 Million In H2 2018

Petrolia S.E

28/02/2019 07:44

Feb 28 (Reuters) - Petrolia SE  PSET.OL :
    * PRELIM TOTAL COMPREHENSIVE INCOME OF USD 5.0 MILLION IN H2 2018 COMPARED TO A LOSS OF USD
-2.6
MILLION IN H2 2017
    * PRELIM EBITDA OF USD 6.7 MILLION IN H2 2018 COMPARED TO USD 1.7 MILLION IN H2 2017
    * PRELIM REVENUE WAS USD 28.7 MILLION IN H2 2018 COMPARED TO USD 22.2 MILLION IN H2 2017
    * OILSERVICE DIVISION: BOARD EXPECTS A SLIGHT IMPROVEMENT IN REVENUES FOR THIS DIVISION
DURING
2019
    * SAYS DRILLING RIG HAD GOOD UTILISATION DURING 2018 AND A SIMILAR UTILISATION IS EXPECTED
FOR
2019

Source text for Eikon:  ID:nObiTxC9ta 
Further company coverage:  PSET.OL 

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