NewOcean Energy Holdings Limited operates in the Petroleum products sector.
In addition to historical fundamental analyses, the complete report available to purchase compares NewOcean Energy Holdings Limited with three other
companies in this sector in Hong Kong:
Strong Petrochemical Holdings Limited
sales of 11.64 billion Hong Kong Dollars [US$1.50 billion]
of which 95%
was Trading Business),
Yuan Heng Gas Holdings Ltd
(8.06 billion Hong Kong Dollars [US$1.04 billion]
of which 75%
was Oil and Gas Transactions), and
Yanchang Petroleum International Limited
(23.32 billion Hong Kong Dollars [US$3.01 billion]
of which 98%
was Oil and Gas Exploration, Exploitation an).
NewOcean Energy Holdings Limited reported sales of HK$15.51 billion (US$2.00 billion)
December of 2015.
decrease of 21.0%
versus 2014, when the company's sales were HK$19.63 billion.
Contributing to the drop in overall sales was the 61.2% decline
in Sales of Electronic Products, from HK$1.70 billion to HK$659.40 million.
There were also decreases in sales in
Sales and Distribution of Lpg (down 33.0% to HK$8.49 billion)
Sales of Properties (down 35.0% to HK$35.73 million)
However, these declines were partially offset by the increase in sales of
Oil Products Business (up 21.4% to HK$6.33 billion)