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:
Dongguan Golden Sun Abrasives Co Ltd
of CHINA
(2020
sales of 414.91 million Chinese Renmimbi [US$64.26 million]
of which 63%
was Nonmetal Mineral Products Industry),
SF Diamond Co Ltd
of CHINA
(318.48 million Chinese Renmimbi [US$49.32 million]
of which 61%
was Coal Mining exploration Class), and
Orient Abrasives Limited
which is
based in INDIA
(3.46 billion Indian Rupees [US$47.04 million]
of which 98%
was Alumina Refactories ,Monolithics Product).
Sales Analysis.
Cheil Grinding Wheel Industry Company Limited reported sales of 73.16 billion Korean Won (US$64.60 million)
for the
year ending
December of 2020.
This
represents
a
decrease of 9.8%
versus 2019, when the company's sales were 81.07 billion Korean Won .
Contributing to the drop in overall sales was the 15.5% decline
in Vitrified Bond Grinding Wheel, from 18.21 billion Korean Won to 15.38 billion Korean Won .
There were also decreases in sales in
Resinoid Bond Grinding Wheel (down 8.1% to 52.57 billion Korean Won )
and
Cbn Grinding Wheel (down 10.4% to 4.52 billion Korean Won )
.
However, these declines were partially offset by the increase in sales of
Supplemental Raw Materials (up 13.4% to 690.53 million Korean Won )
.