Jiangsu Lugang Culture Co Ltd operates within the Yarn spinning mills sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Jiangsu Lugang Culture Co Ltd with three other
companies in this sector in China:
Zhe Jiang Taihua New Material Co Ltd
sales of 2.97 billion Chinese Renmimbi [US$423.52 million]
of which 99%
Bros Eastern Co Ltd
(6.00 billion Chinese Renmimbi [US$854.03 million]
of which 96%
was Cotton and Spinning), and
Anhui Huamao Textile Co Ltd
(2.78 billion Chinese Renmimbi [US$396.06 million]
of which 96%
During the year ended December of 2018, sales at
Jiangsu Lugang Culture Co Ltd were 4.78 billion Chinese Renmimbi (US$680.58 million).
increase of 16.3%
versus 2017, when the company's sales were 4.11 billion Chinese Renmimbi.
This was the fifth consecutive year of sales increases at Jiangsu Lugang Culture Co Ltd
(and since 2013, sales have increased a total of 160%).
Sales of Other saw an increase
that was more than double the company's growth rate: sales were up
462.8% in 2018, from
9.90 million Chinese Renmimbi to 55.71 million Chinese Renmimbi.
Jiangsu Lugang Culture Co Ltd also saw significant increases in sales in
Television Industry (up 33.5% to 1.21 billion Chinese Renmimbi)
Not all segments of Jiangsu Lugang Culture Co Ltd experienced an increase in sales in 2018:
sales of Hotel Business fell 1.0% to 30.17 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).