Honyu Wear-Resistant New Materials Co Ltd operates within the Abrasive products sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Honyu Wear-Resistant New Materials Co Ltd with three other
miscellaneous construction product manufacturers in Asia:
Welcast Steels Ltd
sales of 2.34 billion Indian Rupees [US$32.95 million]
Riken Corundum Company Limited
(4.72 billion Japanese Yen [US$43.49 million]
Cenotec Co Ltd
based in South Korea
(32.80 billion Korean Won [US$27.55 million]
of which 58%
was Ceramic Beads).
During the year ended December of 2018, sales at
Honyu Wear-Resistant New Materials Co Ltd were 104.57 million Chinese Renmimbi (US$14.86 million).
decrease of 30.8%
versus 2017, when the company's sales were 151.14 million Chinese Renmimbi.
Contributing to the drop in overall sales was the 91.9% decline
in Military Service, from 3.17 million Chinese Renmimbi to 256,738.72 Chinese Renmimbi.
There were also decreases in sales in
Grinding Ball (down 38.0% to 35.78 million Chinese Renmimbi)
Hammerhead (down 40.1% to 15.73 million Chinese Renmimbi)
Others (down 6.1% to 13.48 million Chinese Renmimbi)
Grinding Cylpebs (down 73.0% to 491,845.46 Chinese Renmimbi)
However, these declines were partially offset by the increase in sales of
Pip (up 95.3% to 12.06 million Chinese Renmimbi)