Guangdong hongda blasting co ltd operates within the Coal mining services sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Guangdong hongda blasting co ltd with three other
coal companies in Asia:
PT Abm Investama
sales of 7.88 trillion Indonesian Rupiahs [US$583.61 million]
of which 65%
was Mining Contractors and Coal Mining),
Golden Energy and Resources Ltd
(543.20 million Singapore Dollars [US$402.67 million]
of which 84%
was Coal Mining), and
Delta Dunia Makmur Tbk PT
based in Indonesia
(8.15 trillion Indonesian Rupiahs [US$603.90 million]
of which 93%
was Mining Services).
During the year ended December of 2016, sales at
Guangdong hongda blasting co ltd were 3.20 billion Chinese Renmimbi (US$486.13 million).
increase of 8.3%
versus 2015, when the company's sales were 2.95 billion Chinese Renmimbi.
Despite this increase, sales are still
below the level achieved in 2014, when Guangdong hongda blasting co ltd
reported sales of 3.35 billion Chinese Renmimbi.
Sales of Others saw an increase
that was more than double the company's growth rate: sales were up
534.8% in 2016, from
18.88 million Chinese Renmimbi to 119.86 million Chinese Renmimbi.
Guangdong hongda blasting co ltd also saw significant increases in sales in
Surface Mine (up 17.7% to 1.41 billion Chinese Renmimbi)
Not all segments of Guangdong hongda blasting co ltd experienced an increase in sales in 2016:
sales of Underground Mining fell 5.5% to 882.79 million Chinese Renmimbi.
Guangdong hongda blasting co ltd also experienced decreases in sales in
Explosive Materials Sales (down 3.4% to 740.82 million Chinese Renmimbi)