Min Xin Holdings Ltd. operates in the Life insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Min Xin Holdings Ltd. with three other
insurance companies in Asia:
Efu Life Assurance Limited
sales of 3.20 billion Pakistan Rupees [US$19.90 million]
IGI Life Insurance Ltd
(6.32 billion Pakistan Rupees [US$39.25 million]
Asuransi Jiwa Syariah Jasa Mitra Abadi Tbk PT
based in INDONESIA
(62.00 billion Indonesian Rupiahs [US$4.23 million]
Sales fell dramatically in 2019:
Min Xin Holdings Ltd. reported sales of HK$152.48 million (US$19.68 million)
December of 2019.
decrease of 85.3%
versus 2018, when the company's sales were HK$1.04 billion.
Contributing to the drop in overall sales was the 98.8% decline
in Trading In Motor Vehicles, from HK$930.69 million to HK$11.08 million.
There were also decreases in sales in
Strategic Investment (down 8.4% to HK$7.71 million)
Property Development and Investment (down 13.3% to HK$4.03 million)
However, these declines were partially offset by the increase in sales of
Insurance (up 34.3% to HK$75.56 million)
Financial Services (up 30.0% to HK$9.12 million)
Others (up 42.2% to HK$44.98 million)