Hunan Zhenghong Sci. And Tech. Dev. operates in the Prepared feeds sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Hunan Zhenghong Sci. And Tech. Dev. with three other
bakery and confectionary companies in Asia:
sales of 12.09 billion Indian Rupees [US$161.09 million]
of which 86%
was Animal Feed Division),
Korea Industrial Corporation
of KOREA (SOUTH)
(192.46 billion Korean Won [US$161.66 million]
of which 96%
was Animal Feed Segment), and
based in PHILIPPINES
(8.92 billion Philippine Peso [US$181.76 million]
of which 45%
Hunan Zhenghong Sci. And Tech. Dev. reported sales of 1.12 billion Chinese Renmimbi (US$161.10 million)
December of 2019.
decrease of 16.3%
versus 2018, when the company's sales were 1.34 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 86.5% decline
in Other Business, from 22.84 million Chinese Renmimbi to 3.09 million Chinese Renmimbi.
There were also decreases in sales in
Processed Feeds (down 23.3% to 885.04 million Chinese Renmimbi)
Feeding Industry (down 36.7% to 268.89 million Chinese Renmimbi)
Other Operating Income (down 3.5% to 8.99 million Chinese Renmimbi)
However, these declines were partially offset by the increase in sales of
Pig Sales (up 121.3% to 346.19 million Chinese Renmimbi)