Shanghai Welltech Automation Co.Ltd operates within the Process control instruments sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Shanghai Welltech Automation Co.Ltd with three other
meter and gauge manufacturers in Asia:
Woori Technology Inc
of South Korea
sales of 28.19 billion Korean Won [US$23.94 million]
(2.09 billion Japanese Yen [US$19.35 million]
China High Precision Automation Group Limited
(106.84 million Chinese Renmimbi [US$15.09 million]
of which 93%
was Automation instrument and technology pro).
During the year ended December of 2018, sales at
Shanghai Welltech Automation Co.Ltd were 117.08 million Chinese Renmimbi (US$16.54 million).
increase of 4.6%
versus 2017, when the company's sales were 111.98 million Chinese Renmimbi.
This was the third consecutive year of growth at Shanghai Welltech Automation Co.Ltd.
Sales of Electromagnetic Flow Meter saw an increase
that was more than double the company's growth rate: sales were up
35.2% in 2018, from
34.94 million Chinese Renmimbi to 47.25 million Chinese Renmimbi.
Not all segments of Shanghai Welltech Automation Co.Ltd experienced an increase in sales in 2018:
sales of Material fell 58.6% to 290,637.56 Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).
Shanghai Welltech Automation Co.Ltd also experienced decreases in sales in
Pressure Transmitter (down 5.8% to 58.80 million Chinese Renmimbi)
Other Instrument (down 17.3% to 7.82 million Chinese Renmimbi)
Valves (down 34.4% to 2.93 million Chinese Renmimbi)