First Tractor Company Limited operates within the Farm machinery and equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares First Tractor Company Limited with three other
manufacturers of agricultural equipment in Asia:
Daedong Industrial Company Limited
of South Korea
sales of 585.41 billion Korean Won [US$546.78 million]
Jain Irrigation Systems Limited
(62.46 billion Indian Rupees [US$961.22 million]
of which 60%
was Hi-tech Agri Input Products), and
Iseki & Co Ltd
based in Japan
(153.10 billion Japanese Yen [US$1.44 billion]
of which 100%
was Agriculture Business).
During the year ended December of 2016, sales at
First Tractor Company Limited were 8.87 billion Chinese Renmimbi (US$1.40 billion).
decrease of 8.1%
versus 2015, when the company's sales were 9.64 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 46.8% decline
in Finance, from 379.76 million Chinese Renmimbi to 202.22 million Chinese Renmimbi.
There were also decreases in sales in
Agricultural Machinery (down 7.6% to 7.67 billion Chinese Renmimbi)
Power Supply Machinery (down 1.3% to 2.31 billion Chinese Renmimbi)
Other Machinery (down 27.5% to 42.98 million Chinese Renmimbi)