Guangzhou Development Group Inc operates within the Electric services sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Guangzhou Development Group Inc with three other
companies in this sector in China:
China Longyuan Power Group Limited
sales of 26.39 billion Chinese Renmimbi [US$3.95 billion]
of which 70%
was Wind Power),
Jiangsu Guoxin Corp Ltd
(21.92 billion Chinese Renmimbi [US$3.28 billion]
Guangdong Electric Power Development Company Limited
(27.41 billion Chinese Renmimbi [US$4.10 billion]
of which 99%
During the year ended December of 2018, sales at
Guangzhou Development Group Inc were 26.17 billion Chinese Renmimbi (US$3.91 billion).
increase of 5.5%
versus 2017, when the company's sales were 24.80 billion Chinese Renmimbi.
This was the fifth consecutive year of sales increases at Guangzhou Development Group Inc
(and since 2013, sales have increased a total of 57%).
Sales of New Energy saw an increase
that was more than double the company's growth rate: sales were up
92.6% in 2018, from
92.74 million Chinese Renmimbi to 178.65 million Chinese Renmimbi.
Guangzhou Development Group Inc also saw significant increases in sales in
Natural Gas (up 16.2% to 3.84 billion Chinese Renmimbi)
Not all segments of Guangzhou Development Group Inc experienced an increase in sales in 2018:
sales of Electricity Generation fell 4.0% to 6.74 billion Chinese Renmimbi.