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
companies in this sector in South Korea:
Seojeon Electric Machinery Co Ltd
sales of 50.19 billion Korean Won [US$45.92 million]
Seondo Electric Company Limited
(93.95 billion Korean Won [US$85.96 million]
Vitzro Tech Co Ltd
(103.23 billion Korean Won [US$94.46 million]
During the year ended December of 2016, sales at
Kwang Myung Electric Co Ltd were 96.94 billion Korean Won (US$88.70 million).
decrease of 16.7%
versus 2015, when the company's sales were 116.32 billion Korean Won.
The sales level in 2016 was fairly close to the level five years ago: in 2011, Kwang Myung Electric Co Ltd had sales
of 92.38 billion Korean Won.
Contributing to the drop in overall sales was the 10.3% decline
in Rental, from 1.13 billion Korean Won to 1.01 billion Korean Won.
However, these declines were partially offset by the increase in sales of
Switchgear (up 3.3% to 90.29 billion Korean Won)
Solar Power System (up 17.2% to 5.64 billion Korean Won)