Hunan Nanling Industry Explosive Material Co.Ltd operates in the Explosives sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Hunan Nanling Industry Explosive Material Co.Ltd with three other
companies in this sector in CHINA :
Sichuan Yahua Industrial Group Company Limited
(2019
sales of 3.20 billion Chinese Renmimbi [US$480.57 million]
of which 32%
was Product),
Hubei Kailong Chemical Group Co Ltd
(1.88 billion Chinese Renmimbi [US$282.23 million]
of which 32%
was Ammonium Nitrate&Compound Fertilizer), and
Xinjiang Xuefeng Sci-Tech Group Co Ltd
(2.13 billion Chinese Renmimbi [US$320.95 million]
of which 53%
was Service).
Sales Analysis.
Hunan Nanling Industry Explosive Material Co.Ltd reported sales of 2.52 billion Chinese Renmimbi (US$379.09 million)
for the
year ending
December of 2019.
This
represents
an
increase of 16.0%
versus 2018, when the company's sales were 2.17 billion Chinese Renmimbi.
Despite this increase, sales are still
below the level achieved in 2017, when Hunan Nanling Industry Explosive Material Co.Ltd
reported sales of 2.62 billion Chinese Renmimbi.
Sales of Other Business saw an increase
that was more than double the company's growth rate: sales were up
44.0% in 2019, from
71.49 million Chinese Renmimbi to 102.98 million Chinese Renmimbi.
Hunan Nanling Industry Explosive Material Co.Ltd also saw significant increases in sales in
Other (up 29.1% to 719.91 million Chinese Renmimbi)
.
Not all segments of Hunan Nanling Industry Explosive Material Co.Ltd experienced an increase in sales in 2019:
sales of Engineering Blasting fell 7.4% to 241.07 million Chinese Renmimbi.