Tung Ho Steel Enterprise Corporation operates in the Steel foundries sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Tung Ho Steel Enterprise with three other
steel companies in Asia:
Liaoning Fu-An Heavy Industry Co Ltd
of CHINA
(2019
sales of 835.58 million Chinese Renmimbi [US$128.96 million]
of which 53%
was Environmental governance business),
Nippon Chuzo K.K.
of JAPAN
(13.74 billion Japanese Yen [US$132.33 million]
), and
Yeou Yih Steel Co., Ltd.
(2.32 billion Taiwanese Dollars [US$82.71 million]
).
Sales Analysis.
Tung Ho Steel Enterprise reported sales of 44.86 billion Taiwanese Dollars (US$1.60 billion)
for the
year ending
December of 2019.
This
represents
an
increase of 12.8%
versus 2018, when the company's sales were 39.77 billion Taiwanese Dollars .
This was the third consecutive year of growth at Tung Ho Steel Enterprise.
Sales of Steel Industry saw an increase
that was more than double the company's growth rate: sales were up
80.5% in 2019, from
4.78 billion Taiwanese Dollars to 8.63 billion Taiwanese Dollars .
Not all segments of Tung Ho Steel Enterprise experienced an increase in sales in 2019:
sales of Vietnam Location fell 6.9% to 3.34 billion Taiwanese Dollars .
Tung Ho Steel Enterprise also experienced decreases in sales in
Miao Li Location (down 5.8% to 8.14 billion Taiwanese Dollars )
and
Gao Xiong Location (down 4.2% to 4.78 billion Taiwanese Dollars )
.