First Tractor Company Limited operates within the Farm machinery and equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares First Tractor Company Limited with three other
manufacturers of agricultural equipment in Asia:
Iseki & Co Ltd
sales of 158.38 billion Japanese Yen [US$1.43 billion]
of which 100%
was Agriculture Business),
Jain Irrigation Systems Limited
(66.76 billion Indian Rupees [US$954.60 million]
of which 48%
was Hi-tech Agri Input Products), and
based in India
(41.45 billion Indian Rupees [US$592.78 million]
of which 82%
was Agri-Machinery Products).
During the year ended December of 2017, sales at
First Tractor Company Limited were 7.36 billion Chinese Renmimbi (US$1.06 billion).
decrease of 17.0%
versus 2016, when the company's sales were 8.87 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 37.5% decline
in Other Machinery, from 42.98 million Chinese Renmimbi to 26.88 million Chinese Renmimbi.
There were also decreases in sales in
Agricultural Machinery (down 14.3% to 6.57 billion Chinese Renmimbi)
Power Supply Machinery (down 22.3% to 1.80 billion Chinese Renmimbi)
Finance (down 13.5% to 174.83 million Chinese Renmimbi)