Gulf Marine Services PLC

LSE GMS.L

Gulf Marine Services PLC Gross Profit Margin for the year ending December 31, 2023: 67.83%

Gulf Marine Services PLC Gross Profit Margin is 67.83% for the year ending December 31, 2023, a 49.21% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.

Gulf Marine Services PLC Gross Profit Margin for the year ending December 31, 2022 was 45.46%, a -13.67% change year over year.
Gulf Marine Services PLC Gross Profit Margin for the year ending December 31, 2021 was 52.66%, a 197.20% change year over year.
Gulf Marine Services PLC Gross Profit Margin for the year ending December 31, 2020 was -54.18%, a -135.86% change year over year.
Gulf Marine Services PLC Gross Profit Margin for the year ending December 31, 2019 was -22.97%, a -160.26% change year over year.

Key data

Date	Gross Profit Margin	Operating Income Margin	EBT Margin	Net Income Margin

LSE: GMS.L

Gulf Marine Services PLC

CEO	Mr. Mansour Al Alami
IPO Date	March 14, 2014
Location	United Arab Emirates
Headquarters	PO Box 46046
Employees	660
Sector	Industrials
Industries Maritime Shipping Cruise Lines Offshore Drilling

Description

Gulf Marine Services PLC, together with its subsidiaries, operates self-propelled self-elevating support vessels (SESVs) in the United Arab Emirates, Saudi Arabia, Qatar, the United Kingdom, and rest of Europe. It operates through K-Class Vessels, S-Class Vessels, E-Class Vessels, and Other Vessels segments. The company offers offshore construction and heavy lifting, accommodation and hotel, well intervention and work over operations, and manpower services for oil and gas industry; and platform maintenance and commissioning, turbine maintenance and commissioning, hotel, crane, and offshore crew transfer services to renewables industry. It operates a fleet of 13 SESVs. The company was founded in 1977 and is headquartered in Abu Dhabi, the United Arab Emirates.

Key trends

Past 5 years