Kwang Myung Electric Co Ltd operates within the Switchgear and switchboard apparatus sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Kwang Myung Electric Co Ltd with three other
power transmission equipment manufacturers in Asia:
Boer Power Holdings Limited
sales of 628.24 million Chinese Renmimbi [US$89.64 million]
of which 47%
was iEDS Solutions),
(3.02 billion Thai Bahts [US$99.81 million]
of which 65%
was Manufacturing Business), and
Suzhou Industrial Park Heshun Electric Company Limited
based in China
(754.70 million Chinese Renmimbi [US$107.69 million]
of which 100%
was Electricity Transmission & Distribution ).
During the year ended December of 2018, sales at
Kwang Myung Electric Co Ltd were 114.11 billion Korean Won (US$98.02 million).
increase of 12.4%
versus 2017, when the company's sales were 101.56 billion Korean Won.
The sales level in 2018 was fairly close to the level five years ago: in 2013, Kwang Myung Electric Co Ltd had sales
of 117.85 billion Korean Won.
Sales of Construction saw an increase
that was more than double the company's growth rate: sales were up
13,006.1% in 2018, from
82.00 million Korean Won to 10.75 billion Korean Won.
Kwang Myung Electric Co Ltd also saw significant increases in sales in
Power Devices (up 1,344.9% to 1.55 billion Korean Won)
Not all segments of Kwang Myung Electric Co Ltd experienced an increase in sales in 2018:
sales of Rental fell 62.9% to 445.00 million Korean Won.
(However, this segment's sales were only a very small portion of the company's overall sales).
Kwang Myung Electric Co Ltd also experienced decreases in sales in
Solar Power System (down 26.3% to 3.66 billion Korean Won)