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Citic 1616 Holdings Ltd Company Snapshot
Citic 1616 Holdings Ltd operates in the Radiotelephone communications sector. In addition to historical fundamental analyses, the complete report available to purchase compares Citic 1616 Holdings Ltd with three other companies in this sector in HONG KONG : Hutchison Telecom Hong Kong Holdings Limited (2020 sales of 4.55 billion Hong Kong Dollars [US$585.71 million] of which 72% was ted service), Smartone Telecommunications Holdings Limited (6.99 billion Hong Kong Dollars [US$900.34 million] of which 97% was Hong Kong), and Hkbn Ltd (9.45 billion Hong Kong Dollars [US$1.22 billion] of which 89% was ong)).

Sales Analysis. Citic 1616 Holdings Ltd reported sales of HK$8.92 billion (US$1.15 billion) for the year ending December of 2020. This represents a decrease of 1.0% versus 2019, when the company's sales were HK$9.01 billion. The sales level in 2020 was fairly close to the level five years ago: in 2015, Citic 1616 Holdings Ltd had sales of HK$8.35 billion. Contributing to the drop in overall sales was the 41.6% decline in Sales of Mobile Handsets and Equipment, from HK$1.62 billion to HK$945.00 million. There were also decreases in sales in Mobile Services (down 23.0% to HK$957.00 million) and Fixed Line Services (down 15.6% to HK$190.00 million) . However, these declines were partially offset by the increase in sales of Enterprise Solutions (up 4.5% to HK$3.23 billion) and International Telecommunications Service (up 39.8% to HK$2.48 billion) and Internet Services (up 5.4% to HK$1.12 billion) .
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Citic 1616 Holdings Ltd
  Stock Performance Chart for Citic 1616 Holdings Ltd
  Stock Data: Recent Stock Performance:
  Current Price (6/4/2021): 2.60
(Figures in Hong Kong Dollars)
1 Week 0.4%   13 Weeks -7.8%  
4 Weeks -4.1%   52 Weeks -1.9%  
Citic 1616 Holdings Ltd Key Data:
  Ticker: 1883 Country: Hong Kong
  Exchanges: HKG Major Industry: Telecommunication Services
    Sub Industry: Radiotelephone Communications
  2020 Sales 8,923,000,000
(Year Ending Jan 2021).
Employees: 2,507
  Currency: Hong Kong Dollars Market Cap: 9,528,003,893
  Fiscal Yr Ends: December Shares Outstanding: 3,664,616,882
  Share Type: Ordinary Closely Held Shares: 2,129,457,675
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