ZheJiang RIFA Precision Machinery Co Ltd operates in the Machine tools, metal cutting types sector.
In addition to historical fundamental analyses, the complete report available to purchase compares ZheJiang RIFA Precision Machinery Co Ltd with three other
companies in this sector in China:
Qinghaihuading Industrial Co Ltd
(2017
sales of 918.13 million Chinese Renmimbi [US$132.64 million]
of which 100%
was Manufacturing),
Launch Tech Company Limited
(977.97 million Chinese Renmimbi [US$141.29 million]
of which 84%
was Automotive diagnosis segment), and
Wuhan Huazhong Numerical Control Co Ltd
(985.19 million Chinese Renmimbi [US$142.33 million]
of which 100%
was Manufacturing).
Sales Analysis.
ZheJiang RIFA Precision Machinery Co Ltd reported sales of 1.01 billion Chinese Renmimbi (US$145.25 million)
for the
year ending
December of 2017.
This
represents
an
increase of 28.3%
versus 2016, when the company's sales were 783.68 million Chinese Renmimbi.
This was the fourth straight year of sales growth at ZheJiang RIFA Precision Machinery Co Ltd.
Sales of Mechinery Indusry saw an increase
of
29.6% in 2017, from
756.31 million Chinese Renmimbi to 979.81 million Chinese Renmimbi.
Not all segments of ZheJiang RIFA Precision Machinery Co Ltd experienced an increase in sales in 2017:
sales of Other Operation fell 7.0% to 25.56 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).