Tang Palace (China) Holdings Limited operates in the Eating places sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Tang Palace (China) Holdings Limited with three other
companies in this sector in CHINA :
Xi'an Catering Co. Ltd
sales of 409.00 million Chinese Renmimbi [US$63.85 million]
of which 67%
was Catering Services),
TANSH Global Food Group Co Ltd
(644.39 million Chinese Renmimbi [US$100.59 million]
of which 100%
was TANSH Global Business), and
China Quanjude Group Co Ltd
(780.41 million Chinese Renmimbi [US$121.82 million]
of which 68%
was Food & Beverage).
Tang Palace (China) Holdings Limited reported sales of 1.11 billion Chinese Renmimbi (US$172.51 million)
December of 2020.
decrease of 26.1%
versus 2019, when the company's sales were 1.50 billion Chinese Renmimbi.
The sales level in 2020 was fairly close to the level five years ago: in 2015, Tang Palace (China) Holdings Limited had sales
of 1.09 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 34.6% decline
in Southern China, from 378.39 million Chinese Renmimbi to 247.30 million Chinese Renmimbi.
There were also decreases in sales in
Eastern China (down 20.6% to 457.65 million Chinese Renmimbi)
Northern China (down 31.0% to 287.35 million Chinese Renmimbi)
Western China (down 9.2% to 112.81 million Chinese Renmimbi)