Shriro Holdings Limited is a kitchen appliances and consumer products marketing and distribution company operating in Australia and New Zealand. The Company markets and distributes a range of products under its own brands, including Omega, Robinhood, Everdue and Omega Altise, and third-party brands, such as Casio, Blanco and Pioneer. The Company's segments include Kitchen Appliances and Consumer products. The Kitchen Appliance segment offers products, including ovens, cooktops, rangehoods, dishwashers, sinks, taps, ironing systems, laundry tubs, waste disposal and ducting solutions. The Consumer Products segment offers products, including watches, calculators, electronic musical instruments, projectors, point of sale terminals, cameras, barbeques, heaters, fans, air purifiers/dehumidifiers, fashion, car audio, professional disc jockey (DJ), amplifiers and high fidelity (Hi-Fi) products and speakers. The Company has over 1,000 in-store displays in retailer stores.
Sales Analysis.
Shriro Holdings Ltd reported sales of A$172.10 million (US$132.69 million)
for the
year ending
December of 2019.
This
represents
a
decrease of 5.0%
versus 2018, when the company's sales were A$181.11 million.
The sales level in 2019 was fairly close to the level five years ago: in 2014, Shriro Holdings Ltd had sales
of A$176.00 million.
Contributing to the drop in overall sales was the 5.6% decline
in Kitchen Appliances, from A$74.30 million to A$70.16 million.
There were also decreases in sales in
Consumer Products (down 4.6% to A$101.94 million)
.
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