Kwang Myung Electric Co Ltd operates within the Switchgear and switchboard apparatus sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Kwang Myung Electric Co Ltd with three other
power transmission equipment manufacturers in Asia:
Shanghai Guangdian Electric Group Company Limited
sales of 645.21 million Chinese Renmimbi [US$94.32 million]
of which 73%
was PTD & Controlling Devices Manufacturing),
Genus Power Infrastructure Limited
(6.42 billion Indian Rupees [US$93.27 million]
of which 100%
was Power), and
based in Thailand
(2.81 billion Thai Bahts [US$84.44 million]
of which 62%
was Manufacturing Business).
During the year ended December of 2017, sales at
Kwang Myung Electric Co Ltd were 101.56 billion Korean Won (US$89.98 million).
increase of 4.8%
versus 2016, when the company's sales were 96.94 billion Korean Won.
Despite this increase, sales are still
below the level achieved in 2015, when Kwang Myung Electric Co Ltd
reported sales of 116.32 billion Korean Won.
Sales of Rental saw an increase
that was more than double the company's growth rate: sales were up
18.7% in 2017, from
1.01 billion Korean Won to 1.20 billion Korean Won.
Not all segments of Kwang Myung Electric Co Ltd experienced an increase in sales in 2017:
sales of Solar Power System fell 12.0% to 4.96 billion Korean Won.