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:
Baiyin Nonferrous Group Co Ltd
(2018
sales of 61.88 billion Chinese Renmimbi [US$8.80 billion]
of which 68%
was Nonferrous Metal Trading),
sumec corp ltd
(81.96 billion Chinese Renmimbi [US$11.66 billion]
of which 53%
was Foreign), and
Chengtun Mining Group Co Ltd
(30.74 billion Chinese Renmimbi [US$4.37 billion]
of which 89%
was Metal Supply Chain Finance).
Sales Analysis.
Minmetals Development Company Limited reported sales of 56.53 billion Chinese Renmimbi (US$8.04 billion)
for the
year ending
December of 2018.
This
represents
a
decrease of 4.2%
versus 2017, when the company's sales were 59.02 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 7.6% decline
in Steel Trade, from 29.73 billion Chinese Renmimbi to 27.48 billion Chinese Renmimbi.
There were also decreases in sales in
Raw Materials Trade (down 3.6% to 26.38 billion Chinese Renmimbi)
.
However, these declines were partially offset by the increase in sales of
Transportation Service (up 36.5% to 2.53 billion Chinese Renmimbi)
and
International Bidding (up 27.9% to 72.17 million Chinese Renmimbi)
and
Metallurgy (up 73.0% to 38.77 million Chinese Renmimbi)
and
Other Operations (up 1,285.4% to 32.05 million Chinese Renmimbi)
.