Innuovo Technology Co Ltd operates within the Industrial inorganic chemicals sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Innuovo Technology Co Ltd with three other
companies in this sector in CHINA :
Zhejiang JiHua Group Co Ltd
(2019
sales of 2.63 billion Chinese Renmimbi [US$406.22 million]
of which 92%
was Dyes and intermediates),
Beijing Easpring Material Technology Company Limited
(2.28 billion Chinese Renmimbi [US$352.45 million]
of which 94%
was Lithium electric material), and
Hubei Shuanghuan Science & Technology
(2.29 billion Chinese Renmimbi [US$353.57 million]
of which 93%
was Chemical Products Manufacturing(United A).
Sales Analysis.
During the year ended December of 2019, sales at
Innuovo Technology Co Ltd were 2.51 billion Chinese Renmimbi (US$387.72 million).
This
is
an
increase of 17.7%
versus 2018, when the company's sales were 2.14 billion Chinese Renmimbi.
This was the fifth consecutive year of sales increases at Innuovo Technology Co Ltd
(and since 2014, sales have increased a total of 222%).
Sales of Ndfeb saw an increase
of
27.1% in 2019, from
1.07 billion Chinese Renmimbi to 1.36 billion Chinese Renmimbi.
Not all segments of Innuovo Technology Co Ltd experienced an increase in sales in 2019:
sales of Fire-Distinguishing Simulation Training fell 90.0% to 3.98 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).