Chip Eng Seng Corporation Limited operates within the Operative builders sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Chip Eng Seng Corporation Limited with three other
companies in this sector in SINGAPORE :
GuocoLand Limited
(2019
sales of 926.96 million Singapore Dollars [US$679.09 million]
of which 77%
was Guocoland Singapore),
Aspial Corporation Ltd
(560.24 million Singapore Dollars [US$410.43 million]
of which 38%
was Financial Services), and
Bukit Sembawang Estates Limited
(357.86 million Singapore Dollars [US$262.16 million]
of which 100%
was Development Properties).
Sales Analysis.
During the year ended December of 2019, sales at
Chip Eng Seng Corporation Limited were 1.06 billion Singapore Dollars (US$773.36 million).
This
is
a
decrease of 2.3%
versus 2018, when the company's sales were 1.08 billion Singapore Dollars.
The sales level in 2019 was fairly close to the level five years ago: in 2014, Chip Eng Seng Corporation Limited had sales
of 1.11 billion Singapore Dollars.
Contributing to the drop in overall sales was the 45.0% decline
in Corporate and Others, from 11.92 million Singapore Dollars to 6.56 million Singapore Dollars.
There were also decreases in sales in
Property Developments (down 5.7% to 801.09 million Singapore Dollars)
and
Construction (down 1.0% to 261.41 million Singapore Dollars)
and
Property Investment (down 1.1% to 9.83 million Singapore Dollars)
.
However, these declines were partially offset by the increase in sales of
Hospitality (up 11.8% to 80.13 million Singapore Dollars)
and
Education (up 511.9% to 15.90 million Singapore Dollars)
.