Tibet GaoZheng Explosive Co Ltd operates in the Explosives sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Tibet GaoZheng Explosive Co Ltd with three other
chemical manufacturers in Asia:
Premier Explosives Limited
sales of 2.53 billion Indian Rupees [US$34.39 million]
Biafo Industries Limited
(1.41 billion Pakistan Rupees [US$8.70 million]
Fabchem China Ltd
(154.42 million Chinese Renmimbi [US$23.22 million]
Tibet GaoZheng Explosive Co Ltd reported sales of 363.52 million Chinese Renmimbi (US$54.66 million)
December of 2019.
a very small
increase of 1.5%
versus 2018, when the company's sales were 358.21 million Chinese Renmimbi.
Despite this increase, sales are still
below the level achieved in 2017, when Tibet GaoZheng Explosive Co Ltd
reported sales of 450.39 million Chinese Renmimbi.
Sales of Blasting Service saw an increase
that was more than double the company's growth rate: sales were up
106.1% in 2019, from
85.94 million Chinese Renmimbi to 177.16 million Chinese Renmimbi.
Not all segments of Tibet GaoZheng Explosive Co Ltd experienced an increase in sales in 2019:
sales of Explosive Materials fell 32.1% to 172.60 million Chinese Renmimbi.
Tibet GaoZheng Explosive Co Ltd also experienced decreases in sales in
Transportation (down 27.8% to 10.63 million Chinese Renmimbi)
Others (down 3.5% to 3.13 million Chinese Renmimbi)