Gansu Jiu Steel Grp. Hongxing I & S operates within the Blast furnaces and steel mills sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Gansu Jiu Steel Grp. Hongxing I & S with three other
companies in this sector in CHINA :
Sansteel Minguang Co.,Ltd
sales of 45.51 billion Chinese Renmimbi [US$6.67 billion]
of which 96%
Nanjing Iron & Steel Co., Ltd.
(47.95 billion Chinese Renmimbi [US$7.03 billion]
of which 86%
was Metal Smelting & Rolling), and
Liuzhou Iron & Steel Co., Ltd
(48.62 billion Chinese Renmimbi [US$7.12 billion]
of which 94%
During the year ended December of 2019, sales at
Gansu Jiu Steel Grp. Hongxing I & S were 46.69 billion Chinese Renmimbi (US$6.84 billion).
increase of 2.9%
versus 2018, when the company's sales were 45.39 billion Chinese Renmimbi.
This was the third consecutive year of growth at Gansu Jiu Steel Grp. Hongxing I & S.
Sales of Materaials Trade saw an increase
that was more than double the company's growth rate: sales were up
14.1% in 2019, from
10.91 billion Chinese Renmimbi to 12.45 billion Chinese Renmimbi.
Not all segments of Gansu Jiu Steel Grp. Hongxing I & S experienced an increase in sales in 2019:
sales of Power Products fell 61.2% to 110.79 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).
Gansu Jiu Steel Grp. Hongxing I & S also experienced decreases in sales in
Coal Products (down 22.5% to 333.59 million Chinese Renmimbi)
Other (down 27.9% to 1.71 billion Chinese Renmimbi)