Kairuide Holding Co Ltd operates within the Broadwoven fabric mills, cotton sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Kairuide Holding Co Ltd with three other
fabric manufacturers in Asia:
M.K.Exim (India) Limited
of India
(2018
sales of 220.06 million Indian Rupees [US$3.11 million]
),
Inner Mongolia TianShou Technology & Development Co Ltd
(18.67 million Chinese Renmimbi [US$2.65 million]
of which 100%
was Textile), and
Swasti Vinayaka Synthetics Limited
which is
based in India
(193.06 million Indian Rupees [US$2.73 million]
).
Sales Analysis.
Sales fell dramatically in 2018:
During the year ended December of 2018, sales at
Kairuide Holding Co Ltd were 25.04 million Chinese Renmimbi (US$3.56 million).
This
is
a
sharp
decrease of 67.9%
versus 2017, when the company's sales were 78.02 million Chinese Renmimbi.
Contributing to the drop in overall sales was the 72.6% decline
in Internet, from 75.42 million Chinese Renmimbi to 20.65 million Chinese Renmimbi.
There were also decreases in sales in
Textile Industry (down 72.2% to 722,716.29 Chinese Renmimbi)
.