Melcor Developments Ltd. operates in the Operative builders sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Melcor Developments Ltd. with three other
non-residential construction companies in North America:
Pico Holdings Inc
of UNITED STATES
(2019
sales of $29.40 million
of which 100%
was Water Resources and Water Srorage Operat),
Morguard North American Residential Real Estate Investment Trust
(245.60 million Canadian Dollars [US$173.08 million]
), and
Five Point Holdings LLC
which is
based in UNITED STATES
($184.38 million
of which 78%
was Valencia).
Sales Analysis.
Melcor Developments Ltd. reported sales of C$207.97 million (US$146.56 million)
for the
year ending
December of 2019.
This
represents
a
decrease of 22.2%
versus 2018, when the company's sales were C$267.43 million.
Contributing to the drop in overall sales was the 26.8% decline
in Community Development, from C$168.34 million to C$123.21 million.
.
However, these declines were partially offset by the increase in sales of
Reit (up 1.4% to C$71.16 million)
and
Property Development (up 38.2% to C$42.51 million)
and
Investment Property (up 21.4% to C$39.49 million)
and
Recreation Property (up 0.9% to C$8.47 million)
.