Hailun Piano Co Ltd operates in the Musical instruments sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Hailun Piano Co Ltd with three other
musical instrument manufacturers in Asia:
Guangzhou Pearl River Piano Group Co Ltd
sales of 1.57 billion Chinese Renmimbi [US$231.31 million]
of which 97%
Samick Musical Instruments Company Limited
of South Korea
(208.65 billion Korean Won [US$184.86 million]
of which 76%
was Musical instrument), and
Kawai Musical Instruments Manufacturing Company Limited
based in Japan
(69.26 billion Japanese Yen [US$615.01 million]
of which 56%
was Musical Instruments Business).
Hailun Piano Co Ltd reported sales of 389.18 million Chinese Renmimbi (US$57.49 million)
December of 2016.
increase of 5.5%
versus 2015, when the company's sales were 369.06 million Chinese Renmimbi.
This was the fourth straight year of sales growth at Hailun Piano Co Ltd.
Sales of Western Instrument Manufacturing saw an increase
7.6% in 2016, from
353.77 million Chinese Renmimbi to 380.80 million Chinese Renmimbi.
Not all segments of Hailun Piano Co Ltd experienced an increase in sales in 2016:
sales of Other fell 45.2% to 8.38 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).