Letong Chemical Co Ltd operates within the Printing ink sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Letong Chemical Co Ltd with three other
chemical manufacturers in Asia:
Inktec Co., Ltd.
of KOREA (SOUTH)
(2019
sales of 59.08 billion Korean Won [US$53.58 million]
of which 58%
was Image Printing Division),
PT Colorpak Indonesia Tbk
of INDONESIA
(816.41 billion Indonesian Rupiahs [US$58.05 million]
of which 49%
was Gravure), and
Shenzhen Rongda Photosensitive & Technology Coltd
(455.11 million Chinese Renmimbi [US$70.24 million]
of which 100%
was Electric Chemical Product).
Sales Analysis.
During the year ended December of 2019, sales at
Letong Chemical Co Ltd were 382.89 million Chinese Renmimbi (US$59.10 million).
This
is
a
decrease of 21.4%
versus 2018, when the company's sales were 487.24 million Chinese Renmimbi.
Contributing to the drop in overall sales was the 54.7% decline
in Internet Ad Service, from 131.64 million Chinese Renmimbi to 59.57 million Chinese Renmimbi.
There were also decreases in sales in
Ink Industry (down 9.2% to 318.93 million Chinese Renmimbi)
and
Others (down 0.8% to 4.55 million Chinese Renmimbi)
.