China Merchants Energy Shipping Co.Ltd operates within the Deep sea foreign trans. of freight sector.
In addition to historical fundamental analyses, the complete report available to purchase compares China Merchants Energy Shipping Co.Ltd with three other
companies in this sector in China:
COSCO Shipping Energy Transportation Co Ltd
sales of 9.50 billion Chinese Renmimbi [US$1.41 billion]
of which 76%
was Oil Shipments),
COSCO SHIPPING Specialized Carriers Co Ltd
(6.51 billion Chinese Renmimbi [US$962.83 million]
of which 92%
was Shipping), and
Nanjing Tanker Corporation
(3.72 billion Chinese Renmimbi [US$549.88 million]
During the year ended December of 2017, sales at
China Merchants Energy Shipping Co.Ltd were 6.10 billion Chinese Renmimbi (US$901.69 million).
a very small
increase of 1.2%
versus 2016, when the company's sales were 6.03 billion Chinese Renmimbi.
Despite this increase, sales are still
below the level achieved in 2015, when China Merchants Energy Shipping Co.Ltd
reported sales of 6.16 billion Chinese Renmimbi.
Sales of Bulk Carrier saw an increase
that was more than double the company's growth rate: sales were up
27.3% in 2017, from
1.01 billion Chinese Renmimbi to 1.29 billion Chinese Renmimbi.
Not all segments of China Merchants Energy Shipping Co.Ltd experienced an increase in sales in 2017:
sales of Undistributed Item fell 13.3% to 35.90 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).
China Merchants Energy Shipping Co.Ltd also experienced decreases in sales in
Oil Ship (down 4.0% to 4.77 billion Chinese Renmimbi)