Luyin Investment Gp. Corp. operates in the Blast furnaces and steel mills sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Luyin Investment Gp. Corp. with three other
steel companies in Asia:
Hai Kwang Enterprise Corporation
of Taiwan
(2018
sales of 8.14 billion Taiwanese Dollars [US$267.14 million]
of which 100%
was Hai Kwang),
Visa Steel Limited
of India
(20.67 billion Indian Rupees [US$289.15 million]
), and
Tinplate Company of India Ltd
which is
also
based in India
(19.17 billion Indian Rupees [US$268.26 million]
of which 71%
was Manufactured Products-Electrolytic Tinpl).
Sales Analysis.
Luyin Investment Gp. Corp. reported sales of 1.96 billion Chinese Renmimbi (US$277.94 million)
for the
year ending
December of 2018.
This
represents
an
increase of 27.1%
versus 2017, when the company's sales were 1.54 billion Chinese Renmimbi.
Despite this increase, sales are still
well
below the level achieved in 2016, when Luyin Investment Gp. Corp.
reported sales of 2.94 billion Chinese Renmimbi.
Sales of Trading saw an increase
that was more than double the company's growth rate: sales were up
62.8% in 2018, from
674.70 million Chinese Renmimbi to 1.10 billion Chinese Renmimbi.
Not all segments of Luyin Investment Gp. Corp. experienced an increase in sales in 2018:
sales of Real Estate fell 21.8% to 209.09 million Chinese Renmimbi.
Luyin Investment Gp. Corp. also experienced decreases in sales in
Textile (down 15.0% to 63.06 million Chinese Renmimbi)
and
Other Main Operations (down 4.8% to 25.12 million Chinese Renmimbi)
.