DGAP-News: Petro Welt Technologies AG: HY1 2022 results of Petro Welt Technologies AG: Revenue jumped by more than a third, and significant operating growth achieved.
Petro Welt Technologies AG: HY1 2022 results of Petro Welt Technologies AG: Revenue jumped by more than a third, and significant operating growth achieved.
- Petro Welt Technologies AG: HY1 2022 results of Petro Welt Technologies AG: Revenue jumped by more than a third, and significant operating growth achieved.
- Operational growth in two segments: 39.6% in Well Stimulation and 43.6% in Drilling, Sidetracking, and Integrated Project Management (IPM).
- Positive EBIT trend in Q2 2022 due to continued improvements in conventional drilling operations and the gradual recovery of the fracturing segment.
- In the first half of 2022, Petro Welt Technologies AG (PeWeTe) was confronted with a challenging market environment due to its operating activities in Russia.