Allied Electronics Corporation Limited operates in the Radiotelephone communications sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Allied Electronics Corporation Limited with three other
telecommunications providers in Africa:
MTN Group Limited
(2017
sales of 132.82 billion South African Rands [US$10.75 billion]
),
Yeboyethu Ltd
(19.45 million South African Rands [US$1.57 million]
), and
Vodacom Group
(81.28 billion South African Rands [US$6.58 billion]
of which 100%
was Mobile Telecommunication).
Sales Analysis.
Allied Electronics Corporation Limited reported sales of 13.89 billion South African Rands (US$1.12 billion)
for the
fiscal
year ending
February of 2017.
This
represents
a
decrease of 3.2%
versus 2016, when the company's sales were 14.36 billion South African Rands.
Contributing to the drop in overall sales was the 41.1% decline
in Telecommunications/ Altech Group, from 10.25 billion South African Rands to 6.04 billion South African Rands.
There were also decreases in sales in
Power Electronics and Multi-Media/ Power (down 36.0% to 4.60 billion South African Rands)
.
However, these declines were partially offset by the increase in sales of
Information Technology/ Bytes Group (up 0.9% to 9.57 billion South African Rands)
.