Raiznext Corp operates within the Oil and gas field machinery sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Raiznext Corp with three other
construction and mining equipment manufacturers in Asia:
Hilong Holding Limited
sales of 3.65 billion Chinese Renmimbi [US$514.56 million]
of which 45%
was Oilfield equipment manufacturing and ser),
Honghua Group Limited
(4.43 billion Chinese Renmimbi [US$623.93 million]
KNM Group Bhd
based in MALAYSIA
(1.64 billion Malaysian Ringgits [US$377.18 million]
During the year ended March of 2019, sales at
Raiznext Corp were ¥97.33 billion (US$897.40 million).
increase of 8.6%
versus 2018, when the company's sales were ¥89.61 billion.
Despite this increase, sales are still
below the level achieved in 2017, when Raiznext Corp
reported sales of ¥101.92 billion.
Sales of General Industry saw an increase
that was more than double the company's growth rate: sales were up
33.8% in 2019, from
¥24.01 billion to ¥32.12 billion.
Not all segments of Raiznext Corp experienced an increase in sales in 2019:
sales of Other Business fell 7.9% to ¥136.51 million.
(However, this segment's sales were only a very small portion of the company's overall sales).
Raiznext Corp also experienced decreases in sales in
Petroleum and Petrochemical (down 0.6% to ¥65.07 billion)