Tanac Automation Co Ltd operates in the Metalworking machinery sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Tanac Automation Co Ltd with three other
machine tool and accessory manufacturers in Asia:
Manaksia Coated Metals & Industries Ltd
sales of 2.65 billion Indian Rupees [US$36.21 million]
Ofuna Technology Co Ltd
(1.18 billion Taiwanese Dollars [US$42.02 million]
based in INDIA
(2.63 billion Indian Rupees [US$35.97 million]
of which 73%
was Machine Tools).
Tanac Automation Co Ltd reported sales of 503.06 million Chinese Renmimbi (US$77.57 million)
December of 2019.
decrease of 37.4%
versus 2018, when the company's sales were 803.33 million Chinese Renmimbi.
Contributing to the drop in overall sales was the 47.2% decline
in Non-Standard Machine, from 420.10 million Chinese Renmimbi to 221.83 million Chinese Renmimbi.
There were also decreases in sales in
Carving Machine (down 36.0% to 190.69 million Chinese Renmimbi)
Standard Machine (down 38.1% to 23.32 million Chinese Renmimbi)
However, these declines were partially offset by the increase in sales of
Other (up 10.8% to 37.53 million Chinese Renmimbi)
Special Machine (up 112.8% to 29.70 million Chinese Renmimbi)