Wedge Industrial Co Ltd operates in the Operative builders sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Wedge Industrial Co Ltd with three other
companies in this sector in China:
Rongfeng Holding Group Company Limited
sales of 240.53 million Chinese Renmimbi [US$35.12 million]
of which 112%
was Real Estate Development Sale and Rental),
China Properties Group Ltd
(221.62 million Chinese Renmimbi [US$32.36 million]
of which 93%
was Property Development), and
Harbin High Tech (Group)
(214.58 million Chinese Renmimbi [US$31.34 million]
of which 67%
was Real Estate).
Wedge Industrial Co Ltd reported sales of 233.99 million Chinese Renmimbi (US$34.17 million)
December of 2017.
increase of 20.5%
versus 2016, when the company's sales were 194.12 million Chinese Renmimbi.
Despite this increase, sales are still
below the level achieved in 2015, when Wedge Industrial Co Ltd
reported sales of 462.71 million Chinese Renmimbi.
Sales of Real Estate saw an increase
that was more than double the company's growth rate: sales were up
53.2% in 2017, from
158.19 million Chinese Renmimbi to 242.31 million Chinese Renmimbi.
Not all segments of Wedge Industrial Co Ltd experienced an increase in sales in 2017:
sales of Others fell 35.0% to 3.29 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).