Hock Lok Siew Corporation Bhd operates in the Household audio and video equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Hock Lok Siew Corporation Bhd with three other
audio-visual equipment producers in Asia:
Tonic Industries Holdings Limited
of Hong Kong
(2011
sales of 77.39 million Hong Kong Dollars [US$9.97 million]
of which 100%
was Electronic Products),
Teleeye Holdings Limited
of Hong Kong
(45.69 million Hong Kong Dollars [US$5.89 million]
of which 100%
was Remote Audio & Vide), and
Tai Yuan Tianlong Group Co., Ltd.
which is
based in China
(67.41 million Chinese Renmimbi [US$10.98 million]
of which 68%
was Video Frequency).
Sales Analysis.
Hock Lok Siew Corporation Bhd reported sales of 10.61 million Malaysian Ringgits (US$3.51 million)
for the
year ending
December of 2011.
This
represents
a
sharp
decrease of 50.5%
versus 2010, when the company's sales were 21.44 million Malaysian Ringgits.
Contributing to the drop in overall sales was the 89.1% decline
in Trading, from 725,833.00 Malaysian Ringgits to 78,755.00 Malaysian Ringgits.
There were also decreases in sales in
Manufacturing (down 49.6% to 10.36 million Malaysian Ringgits)
and
Other (down 23.7% to 170,711.00 Malaysian Ringgits)
.
Business Description