Changhae Ethanol Co Ltd operates within the Industrial organic chemicals sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Changhae Ethanol Co Ltd with three other
companies in this sector in KOREA (SOUTH) :
Korea Alcohol Industrial
sales of 291.44 billion Korean Won [US$261.42 million]
of which 98%
(141.82 billion Korean Won [US$127.21 million]
of which 74%
was Fuel Line), and
Jinro Distillers Co Ltd
(88.42 billion Korean Won [US$79.31 million]
of which 52%
was fermentation alcohol).
During the year ended December of 2019, sales at
Changhae Ethanol Co Ltd were 187.28 billion Korean Won (US$167.99 million).
decrease of 4.1%
versus 2018, when the company's sales were 195.36 billion Korean Won .
Contributing to the drop in overall sales was the 51.3% decline
in Raw Materials Selling, from 8.72 billion Korean Won to 4.25 billion Korean Won .
There were also decreases in sales in
Ethanol Manufacturing (down 1.3% to 94.75 billion Korean Won )
Spirit Manufacturing (down 7.3% to 76.01 billion Korean Won )
However, these declines were partially offset by the increase in sales of
Others (up 42.4% to 12.27 billion Korean Won )