Lao Feng Xiang Company Limited operates in the Jewelry, precious metal sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Lao Feng Xiang Company Limited with three other
jewellery companies in Asia:
Chow Sang Sang Holdings International Limited
of Hong Kong
sales of 16.09 billion Hong Kong Dollars [US$2.06 billion]
of which 87%
was Manufacture and Retail of Jewellery),
Titan Company Ltd
(112.78 billion Indian Rupees [US$1.76 billion]
of which 77%
was Jewellery), and
Gitanjali Gems Ltd
based in India
(139.84 billion Indian Rupees [US$2.18 billion]
Lao Feng Xiang Company Limited reported sales of 34.86 billion Chinese Renmimbi (US$5.32 billion)
December of 2016.
decrease of 2.0%
versus 2015, when the company's sales were 35.57 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 12.5% decline
in Pencil Mechanics, from 793.74 million Chinese Renmimbi to 694.61 million Chinese Renmimbi.
There were also decreases in sales in
Gold, Silver and Jewellery (down 2.0% to 34.35 billion Chinese Renmimbi)
Other Operations (down 7.1% to 46.15 million Chinese Renmimbi)
However, these declines were partially offset by the increase in sales of
Handicraft Sales (up 0.9% to 694.16 million Chinese Renmimbi)