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:
First Sponsor Group Ltd
(2017
sales of 384.39 million Singapore Dollars [US$293.43 million]
),
Wheelock Properties (Singapore) Limited
(533.74 million Singapore Dollars [US$407.44 million]
of which 86%
was Property Development), and
Aspial Corporation Limited
(485.05 million Singapore Dollars [US$370.27 million]
of which 38%
was Property Development).
Sales Analysis.
During the year ended December of 2017, sales at
Chip Eng Seng Corporation Limited were 859.72 million Singapore Dollars (US$656.28 million).
This
is
an
increase of 14.9%
versus 2016, when the company's sales were 748.00 million Singapore Dollars.
Sales of Hospitality saw an increase
that was more than double the company's growth rate: sales were up
40.8% in 2017, from
27.43 million Singapore Dollars to 38.62 million Singapore Dollars.
Chip Eng Seng Corporation Limited also saw significant increases in sales in
Property Developments (up 38.3% to 571.68 million Singapore Dollars)
.
Not all segments of Chip Eng Seng Corporation Limited experienced an increase in sales in 2017:
sales of Corporate and Others fell 99.8% to 24,000.00 Singapore Dollars.
(However, this segment's sales were only a very small portion of the company's overall sales).
Chip Eng Seng Corporation Limited also experienced decreases in sales in
Construction (down 31.7% to 239.31 million Singapore Dollars)
and
Property Investment (down 18.4% to 10.09 million Singapore Dollars)
.