Hilong Holding Limited operates within the Oil and gas field machinery sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Hilong Holding Limited with three other
companies in this sector in China:
Honghua Group Limited
sales of 4.21 billion Chinese Renmimbi [US$598.77 million]
of which 55%
was Land Drilling Rigs),
Sinopec Oilfield Equipment Corp
(4.92 billion Chinese Renmimbi [US$700.40 million]
of which 43%
was Petroleum Machine), and
Yantai Jereh Oilfield Services Group Co Limited
(4.60 billion Chinese Renmimbi [US$654.53 million]
of which 88%
was Oil Field Special Equipment Manufacturin).
During the year ended December of 2018, sales at
Hilong Holding Limited were 3.22 billion Chinese Renmimbi (US$458.84 million).
increase of 20.7%
versus 2017, when the company's sales were 2.67 billion Chinese Renmimbi.
Sales of Offshore Engineering Services saw an increase
that was more than double the company's growth rate: sales were up
133.0% in 2018, from
142.83 million Chinese Renmimbi to 332.83 million Chinese Renmimbi.
Hilong Holding Limited also saw significant increases in sales in
Oilfield Services (up 28.8% to 1.13 billion Chinese Renmimbi)
Not all segments of Hilong Holding Limited experienced an increase in sales in 2018:
sales of Line Pipe Technology and Services fell 0.9% to 326.44 million Chinese Renmimbi.