Guangzhou Development Group Inc operates within the Electric services sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Guangzhou Development Group Inc with three other
companies in this sector in China:
Shanghai Electric Power Company Limited
sales of 18.84 billion Chinese Renmimbi [US$2.75 billion]
of which 95%
was Electric Power Generation),
Guangdong Electric Power Development Company Limited
(26.64 billion Chinese Renmimbi [US$3.88 billion]
of which 99%
was Electricity), and
China Longyuan Power Group Limited
(24.59 billion Chinese Renmimbi [US$3.58 billion]
of which 65%
was Wind Power).
During the year ended December of 2017, sales at
Guangzhou Development Group Inc were 24.80 billion Chinese Renmimbi (US$3.61 billion).
increase of 12.6%
versus 2016, when the company's sales were 22.02 billion Chinese Renmimbi.
This was the fifth consecutive year of sales increases at Guangzhou Development Group Inc
(and since 2012, sales have increased a total of 64%).
Sales of Petroleum/coal/concrete Sale saw an increase
20.7% in 2017, from
11.47 billion Chinese Renmimbi to 13.84 billion Chinese Renmimbi.
Not all segments of Guangzhou Development Group Inc experienced an increase in sales in 2017:
sales of Other Operations fell 11.9% to 330.61 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).