MeiDu Energy Corp operates in the Petroleum products sector.
In addition to historical fundamental analyses, the complete report available to purchase compares MeiDu Energy Corp with three other
companies in this sector in China:
LandOcean Energy Services Co Ltd
sales of 1.49 billion Chinese Renmimbi [US$211.46 million]
of which 38%
was Core precision instrument and high-end e),
Hengtong Logistics Co Ltd
(6.04 billion Chinese Renmimbi [US$858.48 million]
of which 87%
was LNG(LPG) Gas sales), and
Shanghai Dasheng Agriculture Finance Technology Co Ltd
(2.01 billion Chinese Renmimbi [US$285.83 million]
of which 56%
was Agricultural and petrochemical products ).
MeiDu Energy Corp reported sales of 5.27 billion Chinese Renmimbi (US$748.19 million)
December of 2018.
decrease of 18.2%
versus 2017, when the company's sales were 6.43 billion Chinese Renmimbi.
The sales level in 2018 was fairly close to the level five years ago: in 2013, MeiDu Energy Corp had sales
of 4.99 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 72.0% decline
in Real Estate Industry, from 1.92 billion Chinese Renmimbi to 536.88 million Chinese Renmimbi.
There were also decreases in sales in
Trading Industry (down 62.0% to 1.60 billion Chinese Renmimbi)
Services Industry (down 6.3% to 82.07 million Chinese Renmimbi)
However, these declines were partially offset by the increase in sales of
New Energy (up 281.2% to 2.40 billion Chinese Renmimbi)
Petroleum Industry (up 17.7% to 517.22 million Chinese Renmimbi)
Financing (up 31.8% to 160.56 million Chinese Renmimbi)