Velesto Energy Berhad (KLSE:VELESTO)

Market Cap	1.36B
Revenue (ttm)	1.36B
Net Income (ttm)	207.71M
Shares Out	8.22B
EPS (ttm)	0.03
PE Ratio	6.53
Forward PE	10.09
Dividend	0.01 (7.35%)
Ex-Dividend Date	Apr 24, 2025

Volume	1,998,600
Average Volume	14,713,900
Open	0.1700
Previous Close	0.1700
Day's Range	0.1650 - 0.1700
52-Week Range	0.1450 - 0.3150
Beta	1.14
RSI	47.91
Earnings Date	May 23, 2025

About Velesto Energy Berhad

Velesto Energy Berhad, an investment holding company, provides services for the upstream sector of the oil and gas industry in Malaysia and internationally. It operates through Drilling Services, Integrated Services, and Oilfield Services segments. The Drilling Services segment provides drilling services to the upstream oil and gas sector; and owns and operates several drilling rigs which are chartered out to oil majors for their exploration, development, and production activities. The Integrated Services segment offers hydraulic workover opera...

• Industry: Drilling Oil and Gas Wells
• Founded: 1988
• Employees: 171
• 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%.