Ningbo Cixing Co Ltd operates in the Textile machinery sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Ningbo Cixing Co Ltd with three other
textile machinery manufacturers in Asia:
sales of 42.20 billion Japanese Yen [US$384.03 million]
of which 79%
was Textile Machinery),
Geron Co Ltd
(2.28 billion Chinese Renmimbi [US$330.96 million]
of which 67%
was Stainless steel decorative board), and
Lakshmi Machine Works Limited
based in India
(26.43 billion Indian Rupees [US$373.72 million]
of which 76%
was Textile Machinery Division).
Ningbo Cixing Co Ltd reported sales of 1.69 billion Chinese Renmimbi (US$245.21 million)
December of 2018.
increase of 20.3%
versus 2017, when the company's sales were 1.40 billion Chinese Renmimbi.
This was the third consecutive year of growth at Ningbo Cixing Co Ltd.
Sales of Knitting Machinery saw an increase
35.5% in 2018, from
1.63 billion Chinese Renmimbi to 2.21 billion Chinese Renmimbi.
Not all segments of Ningbo Cixing Co Ltd experienced an increase in sales in 2018:
sales of Automation Equipment and Project Integra fell 46.3% to 91.10 million Chinese Renmimbi.
Ningbo Cixing Co Ltd also experienced decreases in sales in
Internet (down 1.2% to 282.08 million Chinese Renmimbi)