CITIC Resources Holdings Limited operates in the Metals service centers and offices sector.
In addition to historical fundamental analyses, the complete report available to purchase compares CITIC Resources Holdings Limited with three other
companies in this sector in Hong Kong:
Prosperity International Holdings (HK) Limited
sales of 3.58 billion Hong Kong Dollars [US$461.47 million]
of which 48%
was Mining and trading of iron ore and raw m),
Hong Kong Shanghai Alliance Holdings Ltd
(3.87 billion Hong Kong Dollars [US$498.83 million]
of which 75%
was Construction Materials Group), and
Burwill Holdings Limited
(4.62 billion Hong Kong Dollars [US$595.58 million]
of which 97%
was Steel Trading, Warehousing & Distributio).
Sales fell dramatically in 2015:
CITIC Resources Holdings Limited reported sales of HK$3.71 billion (US$478.81 million)
December of 2015.
decrease of 79.1%
versus 2014, when the company's sales were HK$17.81 billion.
Contributing to the drop in overall sales was the 92.1% decline
in Import and Export of Commodities, from HK$14.45 billion to HK$1.14 billion.
There were also decreases in sales in
Crude Oil (down 40.4% to HK$961.72 million)
Coal (down 21.4% to HK$584.13 million)
However, these declines were partially offset by the increase in sales of
Aluminum Smelting (up 2.9% to HK$1.03 billion)