Double Coin Holdings Ltd. operates in the Tires and inner tubes sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Double Coin Holdings Ltd. with three other
tire manufacturers in Asia:
Hankook Tire Co Ltd
of South Korea
(2012
sales of 2.32 trillion Korean Won [US$2.08 billion]
),
MRF Limited
of India
(119.56 billion Indian Rupees [US$2.15 billion]
of which 100%
was Rubber Products), and
Apollo Tyres Limited
which is
also
based in India
(121.53 billion Indian Rupees [US$2.18 billion]
of which 100%
was Tyres, Tubes & Flaps).
Sales Analysis.
Double Coin Holdings Ltd. reported sales of 12.09 billion Chinese Renmimbi (US$1.97 billion)
for the
year ending
December of 2012.
This
represents
an
increase of 10.8%
versus 2011, when the company's sales were 10.91 billion Chinese Renmimbi.
This was the third consecutive year of growth at Double Coin Holdings Ltd..
Sales of Commercial saw an increase
that was more than double the company's growth rate: sales were up
43.0% in 2012, from
8.32 billion Chinese Renmimbi to 11.89 billion Chinese Renmimbi.
Business Description