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:
Gitanjali Gems Ltd
sales of 165.71 billion Indian Rupees [US$2.41 billion]
Titan Company Ltd
(129.79 billion Indian Rupees [US$1.89 billion]
of which 80%
was Jewellery), and
Chow Sang Sang Holdings International Limited
based in Hong Kong
(16.63 billion Hong Kong Dollars [US$2.12 billion]
of which 87%
was Manufacture and Retail of Jewellery).
Lao Feng Xiang Company Limited reported sales of 39.71 billion Chinese Renmimbi (US$5.81 billion)
December of 2017.
increase of 13.9%
versus 2016, when the company's sales were 34.86 billion Chinese Renmimbi.
Sales of Handicraft Sales saw an increase
that was more than double the company's growth rate: sales were up
66.4% in 2017, from
694.16 million Chinese Renmimbi to 1.15 billion Chinese Renmimbi.
Not all segments of Lao Feng Xiang Company Limited experienced an increase in sales in 2017:
sales of Other Operations fell 16.6% to 38.50 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).
Lao Feng Xiang Company Limited also experienced decreases in sales in
Pencil Mechanics (down 5.8% to 654.60 million Chinese Renmimbi)