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:
Stratus Properties Inc.
of UNITED STATES
(2020
sales of $61.02 million
of which 38%
was Leasing Operations),
Genesis Land Development Corp.
(103.93 million Canadian Dollars [US$83.01 million]
of which 72%
was Home Building), and
St. Joe Co
which is
based in UNITED STATES
($160.56 million
of which 47%
was Residential).
Sales Analysis.
Melcor Developments Ltd. reported sales of C$226.82 million (US$181.16 million)
for the
year ending
December of 2020.
This
represents
an
increase of 9.1%
versus 2019, when the company's sales were C$207.97 million.
Despite this increase, sales are still
well
below the level achieved in 2018, when Melcor Developments Ltd.
reported sales of C$267.43 million.
Sales of Reit saw an increase
of
4.8% in 2020, from
C$71.16 million to C$74.57 million.
Not all segments of Melcor Developments Ltd. experienced an increase in sales in 2020:
sales of Recreation Property fell 9.0% to C$7.70 million.
(However, this segment's sales were only a very small portion of the company's overall sales).
Melcor Developments Ltd. also experienced decreases in sales in
Community Development (down 6.6% to C$115.09 million)
and
Property Development (down 5.5% to C$40.19 million)
and
Investment Property (down 3.8% to C$38.00 million)
.