Linzhou Heavy Machinery Group Company Limited operates within the Mining machinery sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Linzhou Heavy Machinery Group Company Limited with three other
companies in this sector in China:
Shanghai Chuangli Group Co Ltd
sales of 1.01 billion Chinese Renmimbi [US$146.28 million]
of which 78%
was Coal Equipment Industry),
Shandong Mining Machinery Group Co Ltd
(1.08 billion Chinese Renmimbi [US$156.20 million]
of which 100%
was Machinery Industry), and
Inner Mongolia North Hauler Joint Stock Co., Ltd.
(989.90 million Chinese Renmimbi [US$143.79 million]
of which 99%
was Machine Manufacturing).
During the year ended December of 2015, sales at
Linzhou Heavy Machinery Group Company Limited were 1.23 billion Chinese Renmimbi (US$178.76 million).
decrease of 34.1%
versus 2014, when the company's sales were 1.87 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 64.5% decline
in Mine Construction Services, from 190.42 million Chinese Renmimbi to 67.57 million Chinese Renmimbi.
There were also decreases in sales in
Mining Machinery Industry (down 63.1% to 263.13 million Chinese Renmimbi)
Other (down 26.6% to 242.38 million Chinese Renmimbi)
However, these declines were partially offset by the increase in sales of
Casting Iron (up 2.9% to 659.73 million Chinese Renmimbi)