China Molybdenum Luoyang Co Ltd operates within the Metals service centers and offices sector.
In addition to historical fundamental analyses, the complete report available to purchase compares China Molybdenum Luoyang Co Ltd with three other
miscellaneous wholesalers in Asia:
Nippon Steel Trading Corp
of JAPAN
(2020
sales of 2.48 trillion Japanese Yen [US$22.94 billion]
of which 85%
was Steel),
sumec corp ltd
(98.59 billion Chinese Renmimbi [US$15.14 billion]
of which 75%
was Commodities trading and import business ), and
Posco International Corp
which is
based in KOREA (SOUTH)
(21.47 trillion Korean Won [US$19.24 billion]
of which 90%
was Trade).
Sales Analysis.
During the year ended December of 2020, sales at
China Molybdenum Luoyang Co Ltd were 112.98 billion Chinese Renmimbi (US$17.36 billion).
This
is
an
increase of 64.5%
versus 2019, when the company's sales were 68.68 billion Chinese Renmimbi.
This was the fifth consecutive year of sales increases at China Molybdenum Luoyang Co Ltd
(and since 2015, sales have increased a total of 2,599%).
Sales of Metal Trade saw an increase
of
91.3% in 2020, from
49.18 billion Chinese Renmimbi to 94.07 billion Chinese Renmimbi.
Not all segments of China Molybdenum Luoyang Co Ltd experienced an increase in sales in 2020:
sales of Processed Molybdenum and Tungsten Products fell 21.2% to 3.55 billion Chinese Renmimbi.
China Molybdenum Luoyang Co Ltd also experienced decreases in sales in
Copper and Cobalt Related Products (down 0.5% to 8.29 billion Chinese Renmimbi)
.