Heritage International Holdings Limited operates in the Loan brokers sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Heritage International Holdings Limited with three other
financial institutions in Asia:
Pilani Investment And Industries Corporation Limited
of India
(2008
sales of 367.27 million Indian Rupees [US$6.70 million]
of which 100%
was Investment & Related Activities),
Lanka ORIX Finance PLC
of Sri Lanka
(828.39 million Sri Lanka Rupees [US$6.57 million]
of which 34%
was Loans), and
First Credit Holdings Limited
(52.09 million Hong Kong Dollars [US$6.71 million]
).
Sales Analysis.
Sales fell dramatically in 2008:
Heritage International Holdings Limited reported sales of HK$51.77 million (US$6.67 million)
for the
fiscal
year ending
March of 2008.
This
represents
a
sharp
decrease of 90.3%
versus 2007, when the company's sales were HK$531.60 million.
Contributing to the drop in overall sales was the 95.2% decline
in Investments In Securities, from HK$496.73 million to HK$23.62 million.
There were also decreases in sales in
Money Lending (down 27.3% to HK$19.55 million)
.
However, these declines were partially offset by the increase in sales of
Property Investment (up 7.9% to HK$8.59 million)
.
Business Description