Henan Mingtai Al.Industrial Co Ltd operates in the Aluminum sheet, plate, and foil sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Henan Mingtai Al.Industrial Co Ltd with three other
companies in this sector in China:
Xinjiang Joinworld Co., Ltd.
sales of 4.87 billion Chinese Renmimbi [US$693.39 million]
of which 49%
was Electronic Material),
Shantou Wanshun New Material Group Co Ltd
(4.20 billion Chinese Renmimbi [US$598.04 million]
of which 62%
was Aluminum foil packaging materials busine), and
Guangdong Hec Technology Holding Co Ltd
(11.68 billion Chinese Renmimbi [US$1.66 billion]
of which 114%
was Main Operation).
Henan Mingtai Al.Industrial Co Ltd reported sales of 13.32 billion Chinese Renmimbi (US$1.90 billion)
December of 2018.
increase of 28.5%
versus 2017, when the company's sales were 10.37 billion Chinese Renmimbi.
This was the third consecutive year of growth at Henan Mingtai Al.Industrial Co Ltd.
Sales of Tebangte saw an increase
that was more than double the company's growth rate: sales were up
75.7% in 2018, from
79.47 million Chinese Renmimbi to 139.66 million Chinese Renmimbi.
Henan Mingtai Al.Industrial Co Ltd also saw significant increases in sales in
New Material (up 61.6% to 213.39 million Chinese Renmimbi)
Not all segments of Henan Mingtai Al.Industrial Co Ltd experienced an increase in sales in 2018:
sales of Mingtai Tech fell 85.3% to 1.64 billion Chinese Renmimbi.
Henan Mingtai Al.Industrial Co Ltd also experienced decreases in sales in
Thermal Power (down 22.0% to 123.00 million Chinese Renmimbi)