Action Construction Equipment Limited operates in the Hoists, cranes, and monorails sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Action Construction Equipment Limited with three other
material handling equipment manufacturers in Asia:
Kito Corp.
of Japan
(2019
sales of 61.24 billion Japanese Yen [US$562.78 million]
of which 47%
was Operating segment-Northern America),
Sansei Technologies Inc
of Japan
(52.79 billion Japanese Yen [US$485.18 million]
of which 78%
was Product manufacturing related), and
Hercules Hoists Limited
(1.02 billion Indian Rupees [US$14.29 million]
of which 97%
was Material Handling Equipment).
Sales Analysis.
Action Construction Equipment Limited reported sales of 13.43 billion Indian Rupees (US$187.82 million)
for the
fiscal
year ending
March of 2019.
This
represents
an
increase of 23.6%
versus 2018, when the company's sales were 10.87 billion Indian Rupees.
This was the fourth straight year of sales growth at Action Construction Equipment Limited.
Sales of Crane saw an increase
of
28.7% in 2019, from
7.49 billion Indian Rupees to 9.64 billion Indian Rupees.
Not all segments of Action Construction Equipment Limited experienced an increase in sales in 2019:
sales of Subsdiaries Business fell 30.2% to 417,000.00 Indian Rupees.
(However, this segment's sales were only a very small portion of the company's overall sales).