Melcor Developments Ltd. operates in the Subdividers and developers sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Melcor Developments Ltd. with three other
Real estate operators in North America:
Genesis Land Development Corp.
(2019
sales of 68.10 million Canadian Dollars [US$51.63 million]
of which 88%
was Home Building),
St. Joe Co
of UNITED STATES
($127.09 million
of which 36%
was Hospitality), and
Portsmouth Square, Inc.
which is
also
based in UNITED STATES
($59.88 million
).
Sales Analysis.
Melcor Developments Ltd. reported sales of C$207.97 million (US$157.67 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)
.