Redco Properties Group Ltd operates in the Operative builders sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Redco Properties Group Ltd with three other
companies in this sector in Hong Kong:
Jiayuan International Group Ltd
(2017
sales of 8.04 billion Hong Kong Dollars [US$1.03 billion]
of which 100%
was Property development),
Shanghai Industrial Urban Development Group Limited
(9.36 billion Hong Kong Dollars [US$1.19 billion]
of which 90%
was Sale of Properties), and
Glory Land Company Ltd
(7.86 billion Hong Kong Dollars [US$1.00 billion]
).
Sales Analysis.
Redco Properties Group Ltd reported sales of HK$7.79 billion (US$993.64 million)
for the
year ending
December of 2017.
This
represents
an
increase of 26.8%
versus 2016, when the company's sales were HK$6.15 billion.
Sales of Central and Western Regions saw an increase
that was more than double the company's growth rate: sales were up
441.4% in 2017, from
HK$583.86 million to HK$3.16 billion.
Redco Properties Group Ltd also saw significant increases in sales in
Bobai Economic Rim (up 140.8% to HK$2.12 billion)
.
Not all segments of Redco Properties Group Ltd experienced an increase in sales in 2017:
sales of Others fell 87.5% to HK$5.48 million.
(However, this segment's sales were only a very small portion of the company's overall sales).
Redco Properties Group Ltd also experienced decreases in sales in
Greater Western Taiwan Straits Economic (down 30.8% to HK$1.99 billion)
and
Pearl River Delta Region (down 70.5% to HK$520.51 million)
.