Hanwei Energy Services Corp operates within the Plastics pipe sector. In addition to historical fundamental analyses, the complete report available to purchase compares Hanwei Energy Services Corp with three other plastic product manufacturers in North America: Yunhong CTI Ltd of UNITED STATES (2020 sales of $26.47 million of which 64% was Foil Balloons), Forward Industries, Inc. of UNITED STATES ($34.48 million of which 60% was Distribution), and good natured Products Inc (16.71 million Canadian Dollars [US$13.58 million] of which 100% was Plastic).

Sales Analysis. Sales levels dropped significantly in the third fiscal quarter of 2021 versus the previous year's third quarter. During the third fiscal quarter of 2021, sales at Hanwei Energy Services Corp totalled C$2.48 million. This is a drop of 38.1% from the C$4.00 million in sales at the company during the third quarter in 2020. During the first three quarters of 2021, sales totalled C$5.32 million, which is 42.6% lower than through the first three fiscal quarters of 2020. During the previous 6 quarters, sales at Hanwei Energy Services Corp have fallen vis-à-vis the same quarter in the previous year. During the year ended March of 2020, sales at Hanwei Energy Services Corp were C$10.30 million (US$8.36 million). This is a decrease of 3.9% versus 2019, when the company's sales were C$10.71 million.