Minsheng Holdings Co Ltd operates within the Department stores sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Minsheng Holdings Co Ltd with three other
department stores in Asia:
Ben Thanh Trading & Service JSC
sales of 357.38 billion Dong [US$15.33 million]
Shanghai Join Buy Co., Ltd.
(90.73 million Chinese Renmimbi [US$13.23 million]
of which 39%
was Industry), and
Tonlin Department Store Company Limited
based in Taiwan
(282.05 million Taiwanese Dollars [US$9.16 million]
of which 72%
was Department Stores - Rental).
Sales fell dramatically in 2017:
During the year ended December of 2017, sales at
Minsheng Holdings Co Ltd were 71.42 million Chinese Renmimbi (US$10.42 million).
decrease of 78.0%
versus 2016, when the company's sales were 323.97 million Chinese Renmimbi.
Contributing to the drop in overall sales was the 64.5% decline
in Retail, from 203,751.85 Chinese Renmimbi to 72,401.77 Chinese Renmimbi.
However, these declines were partially offset by the increase in sales of
Pawnshop (up 29.8% to 61.21 million Chinese Renmimbi)
Insurance Broker (up 33.4% to 10.14 million Chinese Renmimbi)