Petro Welt Technologies AG (alt)
- WKN: A0JKWU
- Land: Österreich
Nachricht vom 18.08.2020 | 21:00
Petro Welt Technologies AG: Revenue and profit indicators in HY1 2020 overperforms the level of the same period of the previous year - but uncertainties remain
DGAP-News: Petro Welt Technologies AG
/ Key word(s): Half Year Results
Petro Welt Technologies AG: Revenue and profit indicators in HY1 2020 overperforms the level of the same period of the previous year - but uncertainties remain Thanks to the over-execution of the production program and continuing improvement of the operating discipline expressed in a decrease of the non-performing time in the Drilling and IPM segment and the restraining of administrative expenses, the Group was able to improve all its profit indicators. Thus, gross profit increased by 52% from EUR 17.5 million in the first half of 2019 to EUR 26.6 million in the first half of 2020, profit before tax reached EUR 14.5 million, up by 126.6% from EUR 6.4 million in the first half of 2019. At the same time, due to the risk of declining volumes of work from customers in HY2 and restrictions resulting from Covid-19, as well as the possibility of further devaluation of the Russian ruble and Kazakh tenge, the forecast of the annual revenues of the fiscal year 2020 has been reduced moderately from EUR 278-285 million to EUR 275-282 million. Contact: Konstantin Huber be.public Corporate & Financial Communications GmbH T: +43 1 503 2 503 29 huber@bepublic.at
18.08.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Petro Welt Technologies AG |
Kärntner Ring 11-13 | |
1010 Wien | |
Austria | |
Phone: | +43 1 535 23 20 - 0 |
Fax: | +43 1 535 23 20 - 20 |
E-mail: | ir@pewete.com |
Internet: | www.pewete.com |
ISIN: | AT0000A00Y78 |
WKN: | A0JKWU |
Listed: | Regulated Market in Berlin, Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1120281 |
End of News | DGAP News Service |
Interaktiv
Weitere News
-
12.10.20 16:28
Petro Welt Technologies AG: Revenue forecast r ... -
20.08.20 20:15
Petro Welt Technologies AG: HY1 2020 results o ... -
18.08.20 21:00
Petro Welt Technologies AG: Revenue and profit ... -
17.06.20 15:06
Petro Welt Technologies AG: Announcement of t ... -
05.06.20 15:00
Petro Welt Technologies AG: Clarification rega ...
GBC-Fokusbox

Northern Data: "Waren zum richtigen Zeitpunkt mit dem richtigen Konzept am Markt"
Kryptowährungen, allen voran Bitcoin, sind zuletzt mit deutlichen Steigerungen wieder in den Investorenfokus gerückt. Northern Data, ein Spezialist für High Performance Computing, zählt laut eigenen Angaben zu den weltweit führenden Anbietern für Infrastruktur im Bereich Bitcoin-Mining. Wir haben mit dem Gründer und CEO Aroosh Thillainathan über die Perspektiven für Bitcoin und die Wachstumsaussichten für die Northern Data gesprochen.
Der AKTIONÄR News

24. Januar 15:00 Recovery Index: Auf den Aufschwung setzen
24. Januar 13:47 Palantir: Sensationeller Ausbruch
24. Januar 12:37 Eli Lilly und Regeneron: Die Bundesregierung greift zu
24. Januar 11:05 BioNTech-Impfung: Was für eine Enttäuschung
24. Januar 11:04 Hexagon Composites und Hexagon Purus: News im Doppelpack
News im Fokus

VOLKSWAGEN AG: Volkswagen AG veröffentlicht vorläufige Eckdaten für das Geschäftsjahr 2020
22. Januar 2021, 11:02