Lonking Holdings Limited operates in the Construction machinery sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Lonking Holdings Limited with three other
companies in this sector in China:
Guangxi Liugong Machinery Co., Ltd.
sales of 18.08 billion Chinese Renmimbi [US$2.62 billion]
of which 72%
was Earth and Stone Machinery),
Shantui Construction Machinery Co., Ltd.
(8.00 billion Chinese Renmimbi [US$1.16 billion]
of which 82%
was Industrial Product), and
Sunward Intelligent Equipment Co Ltd
(5.76 billion Chinese Renmimbi [US$833.63 million]
of which 78%
was Mechanical Segment).
Lonking Holdings Limited reported sales of 11.87 billion Chinese Renmimbi (US$1.72 billion)
December of 2018.
increase of 32.0%
versus 2017, when the company's sales were 8.99 billion Chinese Renmimbi.
This was the third consecutive year of growth at Lonking Holdings Limited.
Sales of Sales of Construction Machinery saw an increase
32.0% in 2018, from
8.99 billion Chinese Renmimbi to 11.86 billion Chinese Renmimbi.
Not all segments of Lonking Holdings Limited experienced an increase in sales in 2018:
sales of Finance Lease of Construction Machinery fell 34.5% to 3.36 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).