Minmetals Development Company Limited operates in the Metals service centers and offices sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Minmetals Development Company Limited with three other
companies in this sector in CHINA :
sumec corp ltd
(2019
sales of 84.36 billion Chinese Renmimbi [US$13.07 billion]
of which 75%
was Commodities trading and import business ),
China Molybdenum Luoyang Co Ltd
(68.68 billion Chinese Renmimbi [US$10.64 billion]
of which 72%
was Metal Trade), and
Baiyin Nonferrous Group Co Ltd
(61.65 billion Chinese Renmimbi [US$9.55 billion]
of which 71%
was Nonferrous Metal Trading).
Sales Analysis.
Minmetals Development Company Limited reported sales of 62.25 billion Chinese Renmimbi (US$9.64 billion)
for the
year ending
December of 2019.
This
represents
an
increase of 10.1%
versus 2018, when the company's sales were 56.53 billion Chinese Renmimbi.
Sales of Metallurgy saw an increase
that was more than double the company's growth rate: sales were up
3,311.6% in 2019, from
38.77 million Chinese Renmimbi to 1.32 billion Chinese Renmimbi.
Minmetals Development Company Limited also saw significant increases in sales in
Raw Materials Trade (up 28.9% to 34.01 billion Chinese Renmimbi)
and
Other Operations (up 29.7% to 41.57 million Chinese Renmimbi)
.
Not all segments of Minmetals Development Company Limited experienced an increase in sales in 2019:
sales of Transportation Service fell 5.0% to 2.41 billion Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).
Minmetals Development Company Limited also experienced decreases in sales in
Steel Trade (down 1.5% to 27.06 billion Chinese Renmimbi)
.