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Company Study of Tibet Tianlu Communications 

Published: Jun/2007

Hard Copy  USD $ 299
Pages: 20 Electronic(PDF)  USD $ 299
Report Code: Enterprisewide  USD $ 598
 

The major activities of Tibet Tianlu Communications Co., Ltd include road and bridge construction and house building project. Road and bridge construction business mainly refers to undertake construction tasks of road and bridges within Tibet autonomous region. The market share of road construction has always been occupying a leading position in Tibet autonomous region. 

In 2006, in order to integrate sources and reduce costs, Tibet Gaozheng Building Materials Co., Ltd merged and acquired Tibet Gaotian Cement Co., Ltd. At the same time, Tibet Tianlu Communications Co., Ltd invested RMB16 million to raise capital and increase shares for Tiebet Gaozhen. Up to now, Tibet Tianlu Communications Co., Ltd holds 33.69% shares of Tibet Gaozhen. In addition, Tibet Gaozhen Group Co., Ltd and Tibet Road Engineering Corporation hold 46.89% and 19.42% shares respectively.

Influenced by increasingly drastic market competition and price rise of raw materials, the business growth and profitability of Tibet Tianlu Communications Co., Ltd decreased significantly in 2006. Its gross profit margin in 2004, 2005 and 2006 was 18.34%, 17.19% and 9.78% respectively. The company's operating efficiency declined slightly, due to fierce market competition, slowness of payment and project acceptance by local government.

Composition of Main Business Revenue and Gross Profit in 2006

 

Changes of Key Operating Capacity Indicators




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