Riken Corundum Company Limited operates in the Abrasive products sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Riken Corundum Company Limited with three other
miscellaneous construction product manufacturers in Asia:
Welcast Steels Ltd
of INDIA
(2020
sales of 1.50 billion Indian Rupees [US$20.18 million]
of which 100%
was dia balls),
Orient Abrasives Limited
of INDIA
(3.46 billion Indian Rupees [US$46.52 million]
of which 98%
was Alumina Refactories ,Monolithics Product), and
SF Diamond Co Ltd
which is
based in CHINA
(318.48 million Chinese Renmimbi [US$48.68 million]
of which 61%
was Coal Mining exploration Class).
Sales Analysis.
Riken Corundum Company Limited reported sales of ¥3.51 billion (US$31.93 million)
for the
year ending
December of 2020.
This
represents
a
decrease of 18.5%
versus 2019, when the company's sales were ¥4.31 billion.
Contributing to the drop in overall sales was the 46.0% decline
in Real Estate Leasing Business, from ¥269.81 million to ¥145.57 million.
There were also decreases in sales in
Abrasive Cloth Paper Manufacturing and S (down 16.8% to ¥2.87 billion)
.