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 8.62 billion Hong Kong Dollars [US$1.10 billion]
of which 100%
was Trading Business),
Yanchang Petroleum International Limited
(20.57 billion Hong Kong Dollars [US$2.63 billion]
of which 99%
was Supply and Procurement Operation), and
Yuan Heng Gas Holdings Ltd
(8.34 billion Hong Kong Dollars [US$1.07 billion]
of which 83%
was Oil and Gas Transactions).
NewOcean Energy Holdings Limited reported sales of HK$15.70 billion (US$2.01 billion)
December of 2016.
a very small
increase of 1.2%
versus 2015, when the company's sales were HK$15.51 billion.
Despite this increase, sales are still
below the level achieved in 2014, when NewOcean Energy Holdings Limited
reported sales of HK$19.63 billion.
Sales of Oil Products Business saw an increase
that was more than double the company's growth rate: sales were up
37.2% in 2016, from
HK$6.33 billion to HK$8.69 billion.
Not all segments of NewOcean Energy Holdings Limited experienced an increase in sales in 2016:
sales of Sales of Electronic Products fell 69.4% to HK$201.73 million.
(However, this segment's sales were only a very small portion of the company's overall sales).
NewOcean Energy Holdings Limited also experienced decreases in sales in
Sales and Distribution of Lpg (down 19.8% to HK$6.81 billion)