IReader Technology Co Ltd operates in the Miscellaneous publishing sector.
In addition to historical fundamental analyses, the complete report available to purchase compares IReader Technology Co Ltd with three other
miscellaneous publishers in Asia:
Scinex Co., Ltd
of JAPAN
(2019
sales of 13.93 billion Japanese Yen [US$134.27 million]
),
Voltage Incorporation
of JAPAN
(7.12 billion Japanese Yen [US$68.63 million]
), and
Media Kobo Inc
which is
also
based in JAPAN
(1.94 billion Japanese Yen [US$18.74 million]
of which 85%
was Fortune-telling content business).
Sales Analysis.
IReader Technology Co Ltd reported sales of 1.88 billion Chinese Renmimbi (US$290.62 million)
for the
year ending
December of 2019.
This
represents
a
decrease of 1.1%
versus 2018, when the company's sales were 1.90 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 70.0% decline
in Hardware Products, from 88.32 million Chinese Renmimbi to 26.48 million Chinese Renmimbi.
There were also decreases in sales in
Digital Reading (down 4.4% to 1.58 billion Chinese Renmimbi)
and
Others (down 52.7% to 10.40 million Chinese Renmimbi)
.
However, these declines were partially offset by the increase in sales of
Copyright Products (up 91.2% to 261.64 million Chinese Renmimbi)
.