Guangzhou Pearl River Piano Group Co Ltd operates within the Musical instruments sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Guangzhou Pearl River Piano Group Co Ltd with three other
musical instrument manufacturers in Asia:
Samick Musical Instruments Company Limited
of South Korea
sales of 208.65 billion Korean Won [US$185.49 million]
of which 76%
was Musical instrument),
Kawai Musical Instruments Manufacturing Company Limited
(69.26 billion Japanese Yen [US$619.86 million]
of which 56%
was Musical Instruments Business), and
Hailun Piano Co Ltd
(389.18 million Chinese Renmimbi [US$56.49 million]
of which 98%
was Western Instrument Manufacturing).
During the year ended December of 2016, sales at
Guangzhou Pearl River Piano Group Co Ltd were 1.57 billion Chinese Renmimbi (US$227.28 million).
increase of 6.6%
versus 2015, when the company's sales were 1.47 billion Chinese Renmimbi.
This was the fourth straight year of sales growth at Guangzhou Pearl River Piano Group Co Ltd.
Sales of Educational Service saw an increase
that was more than double the company's growth rate: sales were up
616.4% in 2016, from
2.69 million Chinese Renmimbi to 19.29 million Chinese Renmimbi.
Guangzhou Pearl River Piano Group Co Ltd also saw significant increases in sales in
Other Business (up 38.1% to 25.84 million Chinese Renmimbi)