Tecon Biology Co Ltd operates within the Prepared feeds sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Tecon Biology Co Ltd with three other
companies in this sector in China:
Ningbo Tech Bank Co Ltd
(2017
sales of 3.06 billion Chinese Renmimbi [US$452.36 million]
of which 56%
was Food),
Shenzhen Kondarl (Group) Co., Ltd.
(2.61 billion Chinese Renmimbi [US$385.08 million]
of which 55%
was Real Estate Development), and
Shenzhen Jinxinnong Technology Co Ltd
(3.06 billion Chinese Renmimbi [US$452.41 million]
of which 72%
was Feed Processing).
Sales Analysis.
During the year ended December of 2017, sales at
Tecon Biology Co Ltd were 4.63 billion Chinese Renmimbi (US$684.22 million).
This
is
an
increase of 4.2%
versus 2016, when the company's sales were 4.44 billion Chinese Renmimbi.
This was the fifth consecutive year of sales increases at Tecon Biology Co Ltd
(and since 2012, sales have increased a total of 39%).
Sales of Other (Main) saw an increase
that was more than double the company's growth rate: sales were up
53.4% in 2017, from
87.09 million Chinese Renmimbi to 133.62 million Chinese Renmimbi.
Tecon Biology Co Ltd also saw significant increases in sales in
Fats and Oils Processing (up 34.6% to 843.51 million Chinese Renmimbi)
.
Not all segments of Tecon Biology Co Ltd experienced an increase in sales in 2017:
sales of Other Operations fell 26.8% to 34.30 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).
Tecon Biology Co Ltd also experienced decreases in sales in
Animal Food (down 0.9% to 2.20 billion Chinese Renmimbi)
and
Pharmaceutical Industry (down 10.1% to 676.18 million Chinese Renmimbi)
.