Hunan Huasheng Company Limited operates in the Finishing plants, cotton sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Hunan Huasheng Company Limited with three other
fabric manufacturers in Asia:
Shepherd Industries Ltd
of BANGLADESH
(2019
sales of 2.87 billion Bangladeshi Taka [US$33.81 million]
),
Shree Bhavya Fabrics Ltd
of INDIA
(2.39 billion Indian Rupees [US$32.63 million]
), and
Zhejiang Yongan Rongtong Holdings Co Ltd
(134.54 million Chinese Renmimbi [US$20.72 million]
of which 97%
was Woven Fabric).
Sales Analysis.
Hunan Huasheng Company Limited reported sales of 1.04 billion Chinese Renmimbi (US$159.90 million)
for the
year ending
December of 2019.
This
represents
an
increase of 2.1%
versus 2018, when the company's sales were 1.02 billion Chinese Renmimbi.
This was the third consecutive year of growth at Hunan Huasheng Company Limited.
Sales of Other saw an increase
that was more than double the company's growth rate: sales were up
148.4% in 2019, from
188,000.00 Chinese Renmimbi to 466,900.00 Chinese Renmimbi.
Hunan Huasheng Company Limited also saw significant increases in sales in
Trading (up 27.0% to 992.13 million Chinese Renmimbi)
and
Pharmatheutical Equipment (up 5.3% to 17.59 million Chinese Renmimbi)
and
Other Operations (up 35.7% to 17.05 million Chinese Renmimbi)
.
Not all segments of Hunan Huasheng Company Limited experienced an increase in sales in 2019:
sales of Textile Segment fell 48.1% to 106.91 million Chinese Renmimbi.