Velesto Energy Berhad (KLSE:VELESTO)

Market Cap	1.52B
Revenue (ttm)	1.25B
Net Income (ttm)	213.50M
Shares Out	8.22B
EPS (ttm)	0.03
PE Ratio	7.12
Forward PE	10.92
Dividend	0.01 (6.76%)
Ex-Dividend Date	Apr 24, 2025

Volume	40,994,700
Average Volume	26,845,185
Open	0.1850
Previous Close	0.1800
Day's Range	0.1800 - 0.1900
52-Week Range	0.1300 - 0.2900
Beta	0.58
RSI	62.01
Earnings Date	May 23, 2025

About Velesto Energy Berhad

Velesto Energy Berhad, an investment holding company, engages in activities in the upstream sector of the oil and gas industry in Malaysia and internationally. It operates through the Drilling Services, Integrated Project Management, and Oilfield Services segments. The Drilling Services segment engages in the provision of drilling services to the upstream oil and gas sector; and the ownership and operation of drilling rigs, which are chartered out to oil majors for exploration, development, and production activities. Its Integrated Project Mana...

• Industry: Drilling Oil and Gas Wells
• Founded: 1988
• Employees: 168
• Stock Exchange: Bursa Malaysia
• Ticker Symbol: VELESTO

Financial Performance

In 2024, Velesto Energy Berhad's revenue was 1.36 billion, an increase of 12.08% compared to the previous year's 1.21 billion. Earnings were 207.71 million, an increase of 108.70%.