Qingdao East Steel Tower Stock Co Ltd operates in the Fabricated structural metal sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Qingdao East Steel Tower Stock Co Ltd with three other
companies in this sector in China:
Center International Group Co Ltd
(2017
sales of 2.14 billion Chinese Renmimbi [US$315.71 million]
of which 90%
was Metal enclosure system),
Qingdao Tianneng Heavy Industries Co Ltd
(738.01 million Chinese Renmimbi [US$109.06 million]
of which 98%
was Qingdao Tian energy), and
Qingdao Huijintong Power Eouipment Co Ltd
(802.71 million Chinese Renmimbi [US$118.62 million]
of which 95%
was Industrial Manufacturing).
Sales Analysis.
Qingdao East Steel Tower Stock Co Ltd reported sales of 2.01 billion Chinese Renmimbi (US$297.67 million)
for the
year ending
December of 2017.
This
represents
an
increase of 21.9%
versus 2016, when the company's sales were 1.65 billion Chinese Renmimbi.
This was the third consecutive year of growth at Qingdao East Steel Tower Stock Co Ltd.
Sales of Potash Fertilizer saw an increase
that was more than double the company's growth rate: sales were up
621.7% in 2017, from
109.30 million Chinese Renmimbi to 788.87 million Chinese Renmimbi.
Qingdao East Steel Tower Stock Co Ltd also saw significant increases in sales in
Construction/installation (up 181.9% to 83.72 million Chinese Renmimbi)
and
Photovoltaic Power Generation (up 48.0% to 8.93 million Chinese Renmimbi)
.
Not all segments of Qingdao East Steel Tower Stock Co Ltd experienced an increase in sales in 2017:
sales of Tower Manufacturing fell 22.7% to 1.46 billion Chinese Renmimbi.