Addchance Holdings Limited operates in the Yarn spinning mills sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Addchance Holdings Limited with three other
fabric manufacturers in Asia:
Universal Textile Co Ltd
sales of 1.68 billion Taiwanese Dollars [US$55.63 million]
of which 52%
Winsome Yarns Limited
(3.75 billion Indian Rupees [US$57.75 million]
based in India
(3.78 billion Indian Rupees [US$58.29 million]
Addchance Holdings Limited reported sales of 400.44 million Chinese Renmimbi (US$58.12 million)
December of 2016.
decrease of 48.6%
versus 2015, when the company's sales were 779.59 million Chinese Renmimbi.
Contributing to the drop in overall sales was the 58.7% decline
in Production and Sale of Knitted Sweaters, from 476.92 million Chinese Renmimbi to 196.88 million Chinese Renmimbi.
There were also decreases in sales in
Production and Sales of Dyed Yarns (down 37.1% to 133.87 million Chinese Renmimbi)
Production and Sale of Cotton Yarn (down 43.7% to 31.02 million Chinese Renmimbi)
Trading of Cotton and Yarns (down 27.0% to 5.88 million Chinese Renmimbi)
However, these declines were partially offset by the increase in sales of
Provision of Dyeing Services (up 22.3% to 32.76 million Chinese Renmimbi)