Lanhai Medical Investment Co Ltd operates in the General medical & surgical hospitals sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Lanhai Medical Investment Co Ltd with three other
health care providers in Asia:
Rici Healthcare Holdings Ltd
of Hong Kong
(2016
sales of 1.09 billion Hong Kong Dollars [US$139.11 million]
of which 70%
was Medical Examinations Centers),
Harmonicare Medical Holdings Ltd
of Hong Kong
(1.00 billion Hong Kong Dollars [US$127.86 million]
of which 97%
was Specialized hospital service), and
Ramkhamhaeng Hospital Public Company Limited
which is
based in Thailand
(3.81 billion Thai Bahts [US$121.44 million]
of which 100%
was Medical treatment).
Sales Analysis.
Lanhai Medical Investment Co Ltd reported sales of 854.22 million Chinese Renmimbi (US$135.68 million)
for the
year ending
December of 2016.
This
represents
a
decrease of 10.3%
versus 2015, when the company's sales were 952.19 million Chinese Renmimbi.
Contributing to the drop in overall sales was the 54.6% decline
in Other Business, from 504,803.00 Chinese Renmimbi to 229,363.33 Chinese Renmimbi.
There were also decreases in sales in
Asphalt Trading (down 51.1% to 162.62 million Chinese Renmimbi)
.
However, these declines were partially offset by the increase in sales of
Transportation (up 11.3% to 689.61 million Chinese Renmimbi)
.