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:
Jiangmen Idear-Hanyu Electrical Joint-Stock Co Ltd
sales of 758.20 million Chinese Renmimbi [US$111.02 million]
of which 87%
was Draining Pump),
Shaanxi Aerospace Power Hi-Tech Company Ltd
(1.80 billion Chinese Renmimbi [US$264.11 million]
of which 91%
was Manufacturing), and
Shimge Pump Industry Group Company LIMITED
(1.32 billion Chinese Renmimbi [US$192.93 million]
of which 98%
was Machinery manufacturing).
During the year ended December of 2016, sales at
Shandong Molong Petroleum Machinery Co., Ltd were 1.53 billion Chinese Renmimbi (US$224.17 million).
decrease of 5.1%
versus 2015, when the company's sales were 1.61 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 74.7% decline
in Petroleum Machinery, from 80.71 million Chinese Renmimbi to 20.43 million Chinese Renmimbi.
There were also decreases in sales in
Casing and Tubing (down 5.4% to 1.38 billion Chinese Renmimbi)
Pumping Units (down 38.2% to 27.23 million Chinese Renmimbi)
However, these declines were partially offset by the increase in sales of
Others (up 218.4% to 106.56 million Chinese Renmimbi)