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Putian Communication Group Ltd Company Snapshot
Putian Communication Group Ltd operates in the Nonferrous wiredrawing & insulating sector. In addition to historical fundamental analyses, the complete report available to purchase compares Putian Communication Group Ltd with three other companies in this sector in HONG KONG : Nanfang Communication Holdings Ltd (2020 sales of 427.53 million Hong Kong Dollars [US$54.95 million] of which 100% was Sales of Optical Fibre Cables), Perennial International Limited (282.34 million Hong Kong Dollars [US$36.29 million] of which 100% was Manufacturing and trading of electric ca), and China Saftower International Holding Group Ltd (583.71 million Hong Kong Dollars [US$75.02 million] of which 100% was les).

Sales Analysis. During the second quarter of 2021, sales at Putian Communication Group Ltd totalled HK$314.25 million. This is an increase of 22.3% from the HK$256.95 million in sales at the company during the second quarter of 2020. Putian Communication Group Ltd reported sales of HK$612.88 million (US$78.77 million) for the year ending December of 2020. This represents a sharp decrease of 29.7% versus 2019, when the company's sales were HK$872.39 million. Contributing to the drop in overall sales was the 48.9% decline in Optical Fiber Cables, from HK$274.63 million to HK$140.32 million. There were also decreases in sales in Communication Copper Cables (down 13.8% to HK$302.91 million) and Structured Cabling System Products (down 31.2% to HK$169.65 million) .
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Putian Communication Group Ltd
  Stock Performance Chart for Putian Communication Group Ltd
  Stock Data: Recent Stock Performance:
  Current Price (10/8/2021): .32
(Figures in Hong Kong Dollars)
1 Week -19.2%   13 Weeks -23.2%  
4 Weeks -33.0%   52 Weeks -60.1%  
Putian Communication Group Ltd Key Data:
  Ticker: 1720 Country: China
  Exchanges: HKG Major Industry: Capital Goods
    Sub Industry: Nonferrous Wiredrawing & Insulating
  2020 Sales 612,882,464
(Year Ending Jan 2021).
Employees: 412
  Currency: Hong Kong Dollars Market Cap: 346,500,000
  Fiscal Yr Ends: December Shares Outstanding: 1,100,000,000
  Share Type: Ordinary Closely Held Shares: 767,250,000
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