CITIC Dameng Holdings Limited operates in the Electrometallurgical products sector.
In addition to historical fundamental analyses, the complete report available to purchase compares CITIC Dameng Holdings Limited with three other
steel companies in Asia:
Indian Metals & Ferro Alloys Limited
sales of 13.45 billion Indian Rupees [US$200.91 million]
of which 95%
was Ferro Alloys),
Balasore Alloys Limited
(8.48 billion Indian Rupees [US$126.67 million]
of which 100%
was Manufacturing/Minin), and
Maithan Alloys Limited
based in India
(11.07 billion Indian Rupees [US$165.31 million]
CITIC Dameng Holdings Limited reported sales of 2.04 billion Chinese Renmimbi (US$301.72 million)
December of 2015.
decrease of 19.7%
versus 2014, when the company's sales were 2.54 billion Chinese Renmimbi.
The sales level in 2015 was fairly close to the level five years ago: in 2010, CITIC Dameng Holdings Limited had sales
of 2.24 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 52.6% decline
in Manganese Mining and Ore Processing, from 345.59 million Chinese Renmimbi to 163.71 million Chinese Renmimbi.
There were also decreases in sales in
Manganes Mining Downstream Processing (down 16.0% to 1.73 billion Chinese Renmimbi)
However, these declines were partially offset by the increase in sales of
Non Manganese Ferroally Process (up 12.0% to 110.66 million Chinese Renmimbi)
Other (up 2.9% to 32.92 million Chinese Renmimbi)