New World Development Co Limited operates in the Operative builders sector.
In addition to historical fundamental analyses, the complete report available to purchase compares New World Development Co Limited with three other
companies in this sector in Hong Kong:
Poly Property Group Company Limited
sales of 30.58 billion Hong Kong Dollars [US$3.92 billion]
of which 95%
was Property Development),
Cheung Kong Property Holdings Ltd
(69.30 billion Hong Kong Dollars [US$8.88 billion]
of which 81%
was Property Sales), and
China State Construction International Holdings Limited
(46.21 billion Hong Kong Dollars [US$5.92 billion]
New World Development Co Limited reported sales of HK$59.57 billion (US$7.63 billion)
June of 2016.
increase of 7.8%
versus 2015, when the company's sales were HK$55.25 billion.
Sales of Service saw an increase
that was more than double the company's growth rate: sales were up
79.6% in 2016, from
HK$15.84 billion to HK$28.45 billion.
New World Development Co Limited also saw significant increases in sales in
Property Development (up 11.8% to HK$28.72 billion)
Property Investment (up 12.2% to HK$2.70 billion)
Others (up 12.6% to HK$982.70 million)
Not all segments of New World Development Co Limited experienced an increase in sales in 2016:
sales of Hotel and Restaurant fell 56.4% to HK$1.77 billion.
New World Development Co Limited also experienced decreases in sales in
Department Stores (down 9.2% to HK$3.55 billion)
Infrastructure (down 1.1% to HK$2.44 billion)