Shandong Molong Petroleum Machinery Co., Ltd operates within the Pumps and pumping equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Shandong Molong Petroleum Machinery Co., Ltd with three other
companies in this sector in CHINA :
Shaanxi Aerospace Power Hi-Tech Company Ltd
sales of 2.65 billion Chinese Renmimbi [US$391.07 million]
of which 84%
was Northwest of China),
Nanfang Zhongjin Environment Co Ltd
(4.09 billion Chinese Renmimbi [US$603.76 million]
of which 71%
was General Equipment Manufacture), and
Tianshan Aluminum Group Co Ltd
(1.65 billion Chinese Renmimbi [US$243.83 million]
of which 94%
During the year ended December of 2019, sales at
Shandong Molong Petroleum Machinery Co., Ltd were 4.39 billion Chinese Renmimbi (US$647.32 million).
decrease of 1.4%
versus 2018, when the company's sales were 4.45 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 40.8% decline
in Petroleum Machinery, from 58.38 million Chinese Renmimbi to 34.54 million Chinese Renmimbi.
There were also decreases in sales in
Tube Products (down 11.8% to 3.46 billion Chinese Renmimbi)
Pumping Units (down 5.7% to 43.76 million Chinese Renmimbi)
However, these declines were partially offset by the increase in sales of
Tube Blank (up 136.3% to 699.06 million Chinese Renmimbi)
Others (up 17.2% to 154.81 million Chinese Renmimbi)