Shandong Molong Petroleum Machinery Co., Ltd operates within the Pumps and pumping equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Shandong Molong Petroleum Machinery Co., Ltd with three other
companies in this sector in China:
Shaanxi Aerospace Power Hi-Tech Company Ltd
sales of 1.50 billion Chinese Renmimbi [US$223.01 million]
of which 90%
Shimge Pump Industry Group Company LIMITED
(1.15 billion Chinese Renmimbi [US$170.00 million]
of which 95%
was Machinery manufacturing), and
Nanfang Zhongjin Environment Co Ltd
(1.95 billion Chinese Renmimbi [US$288.74 million]
of which 72%
was Water Pump).
During the year ended December of 2015, sales at
Shandong Molong Petroleum Machinery Co., Ltd were 1.61 billion Chinese Renmimbi (US$239.49 million).
decrease of 36.0%
versus 2014, when the company's sales were 2.52 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 50.6% decline
in Petroleum Machinery, from 163.46 million Chinese Renmimbi to 80.71 million Chinese Renmimbi.
There were also decreases in sales in
Casing and Tubing (down 35.1% to 1.46 billion Chinese Renmimbi)
Pumping Units (down 36.3% to 44.08 million Chinese Renmimbi)
Others (down 29.8% to 33.47 million Chinese Renmimbi)