Gifore Agricultural Science & Technology Service Co Ltd operates within the Farm and garden machinery sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Gifore Agricultural Science & Technology Service Co Ltd with three other
machinery dealers in Asia:
Naito & Co Ltd
sales of 43.47 billion Japanese Yen [US$393.43 million]
of which 48%
was Cutting tools),
Sugimoto & Co., LTD.
(41.60 billion Japanese Yen [US$376.46 million]
of which 48%
was West Japan), and
Maruka Machinery Co., Ltd.
based in Japan
(52.36 billion Japanese Yen [US$473.89 million]
of which 83%
was Industrial Machinery Business).
During the year ended December of 2017, sales at
Gifore Agricultural Science & Technology Service Co Ltd were 3.10 billion Chinese Renmimbi (US$457.32 million).
decrease of 13.1%
versus 2016, when the company's sales were 3.57 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 70.8% decline
in Export Commodities, from 166.44 million Chinese Renmimbi to 48.59 million Chinese Renmimbi.
There were also decreases in sales in
Agricultural Machinery (down 13.2% to 2.62 billion Chinese Renmimbi)
General Mechanical and Electrical (down 65.8% to 9.24 million Chinese Renmimbi)
However, these declines were partially offset by the increase in sales of
Truck (up 16.9% to 405.26 million Chinese Renmimbi)
Engineering Machinery (up 54.7% to 13.92 million Chinese Renmimbi)