Cheil Grinding Wheel Industry Company Limited operates in the Abrasive products sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Cheil Grinding Wheel Industry Company Limited with three other
miscellaneous construction product manufacturers in Asia:
Mipox Corp
of JAPAN
(2019
sales of 7.56 billion Japanese Yen [US$71.35 million]
),
Dongguan Golden Sun Abrasives Co Ltd
of CHINA
(430.12 million Chinese Renmimbi [US$61.62 million]
of which 61%
was Nonmetal Mineral Products Industry), and
SF Diamond Co Ltd
which is
also
based in CHINA
(501.18 million Chinese Renmimbi [US$71.79 million]
of which 61%
was Oil and gas exploitation of class).
Sales Analysis.
Cheil Grinding Wheel Industry Company Limited reported sales of 81.07 billion Korean Won (US$67.94 million)
for the
year ending
December of 2019.
This
represents
a
decrease of 1.4%
versus 2018, when the company's sales were 82.19 billion Korean Won .
The sales level in 2019 was fairly close to the level five years ago: in 2014, Cheil Grinding Wheel Industry Company Limited had sales
of 88.24 billion Korean Won .
Contributing to the drop in overall sales was the 1.8% decline
in Vitrified Bond Grinding Wheel, from 18.54 billion Korean Won to 18.21 billion Korean Won .
There were also decreases in sales in
Resinoid Bond Grinding Wheel (down 1.0% to 57.20 billion Korean Won )
.
However, these declines were partially offset by the increase in sales of
Cbn Grinding Wheel (up 0.2% to 5.05 billion Korean Won )
.