NewOcean Energy Holdings Limited operates in the Petroleum products sector.
In addition to historical fundamental analyses, the complete report available to purchase compares NewOcean Energy Holdings Limited with three other
companies in this sector in HONG KONG :
Strong Petrochemical Holdings Limited
sales of 17.36 billion Hong Kong Dollars [US$2.24 billion]
of which 100%
was Trading Business),
Yuan Heng Gas Holdings Ltd
(9.97 billion Hong Kong Dollars [US$1.29 billion]
of which 82%
was Oil and Gas Transactions), and
Yanchang Petroleum International Limited
(8.20 billion Hong Kong Dollars [US$1.06 billion]
of which 97%
was Supply and Procurement Operation).
NewOcean Energy Holdings Limited reported sales of HK$27.79 billion (US$3.59 billion)
December of 2019.
decrease of 7.4%
versus 2018, when the company's sales were HK$30.01 billion.
Contributing to the drop in overall sales was the 24.5% decline
in Sales and Distribution of Lpg, from HK$9.96 billion to HK$7.52 billion.
There were also decreases in sales in
Oil Products Business (down 0.3% to HK$19.29 billion)
However, these declines were partially offset by the increase in sales of
Sales of Electronic Products (up 40.6% to HK$982.74 million)