Technology Co Ltd operates in the Catalog and mail-order houses sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Technology Co Ltd with three other
miscellaneous retailers and wholesalers in Asia:
Hyundai Home Shopping Network Corporation
of KOREA (SOUTH)
(2019
sales of 2.21 trillion Korean Won [US$1.86 billion]
of which 50%
was Constructions Materials),
Belluna Co Ltd
of JAPAN
(177.65 billion Japanese Yen [US$1.68 billion]
of which 43%
was Comprehensive mail order business), and
Momo Com Inc
which is
based in TAIWAN
(51.83 billion Taiwanese Dollars [US$1.76 billion]
of which 88%
was Network).
Sales Analysis.
Technology Co Ltd reported sales of 12.48 billion Chinese Renmimbi (US$1.80 billion)
for the
year ending
December of 2019.
This
represents
a
decrease of 10.8%
versus 2018, when the company's sales were 13.98 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 86.8% decline
in Digital Operation, from 90.23 million Chinese Renmimbi to 11.88 million Chinese Renmimbi.
There were also decreases in sales in
E-Commerce (down 21.0% to 10.75 billion Chinese Renmimbi)
and
Internet Financial Service (down 57.7% to 95.33 million Chinese Renmimbi)
and
Other (down 16.8% to 39.47 million Chinese Renmimbi)
.
However, these declines were partially offset by the increase in sales of
Cultrure Communication (up 5,716.3% to 1.57 billion Chinese Renmimbi)
.