Gansu Jiu Steel Grp. Hongxing I & S operates within the Blast furnaces and steel mills sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Gansu Jiu Steel Grp. Hongxing I & S with three other
companies in this sector in China:
China Oriental Group Company Limited
(2018
sales of 40.78 billion Chinese Renmimbi [US$5.78 billion]
of which 100%
was Iron & Steel),
Liuzhou Iron & Steel Co., Ltd
(47.35 billion Chinese Renmimbi [US$6.71 billion]
of which 94%
was Metallurgical), and
Nanjing Iron & Steel Co., Ltd.
(43.64 billion Chinese Renmimbi [US$6.18 billion]
of which 90%
was Metal Smelting & Rolling).
Sales Analysis.
During the year ended December of 2018, sales at
Gansu Jiu Steel Grp. Hongxing I & S were 45.39 billion Chinese Renmimbi (US$6.43 billion).
This
is
an
increase of 10.8%
versus 2017, when the company's sales were 40.97 billion Chinese Renmimbi.
Sales of Other saw an increase
that was more than double the company's growth rate: sales were up
49.0% in 2018, from
1.59 billion Chinese Renmimbi to 2.37 billion Chinese Renmimbi.
Gansu Jiu Steel Grp. Hongxing I & S also saw significant increases in sales in
Iron and Steel (up 20.1% to 31.43 billion Chinese Renmimbi)
.
Not all segments of Gansu Jiu Steel Grp. Hongxing I & S experienced an increase in sales in 2018:
sales of Materaials Trade fell 12.5% to 10.91 billion Chinese Renmimbi.
Gansu Jiu Steel Grp. Hongxing I & S also experienced decreases in sales in
Coal Products (down 6.0% to 430.64 million Chinese Renmimbi)
and
Power Products (down 4.1% to 285.56 million Chinese Renmimbi)
.