Hop Fung Group Holdings Ltd operates in the Corrugated & solid fiber boxes sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Hop Fung Group Holdings Ltd with three other
manufacturers of paperboard containers and boxes in Asia:
Come Sure Group (Holdings) Ltd
(2019
sales of 1.18 billion Hong Kong Dollars [US$152.85 million]
of which 87%
was Corrugated Products),
Kedawung Setia Industrial Tbk PT
of INDONESIA
(2.23 trillion Indonesian Rupiahs [US$159.35 million]
of which 90%
was Carton Box), and
Box-Pak (Malaysia) Bhd
which is
based in MALAYSIA
(647.47 million Malaysian Ringgits [US$160.14 million]
).
Sales Analysis.
Hop Fung Group Holdings Ltd reported sales of HK$1.19 billion (US$154.04 million)
for the
year ending
December of 2019.
This
represents
a
decrease of 16.1%
versus 2018, when the company's sales were HK$1.42 billion.
The sales level in 2019 was fairly close to the level five years ago: in 2014, Hop Fung Group Holdings Ltd had sales
of HK$1.10 billion.
Contributing to the drop in overall sales was the 28.7% decline
in Corrugated Packaging, from HK$870.24 million to HK$620.37 million.
.
However, these declines were partially offset by the increase in sales of
Containerboard (up 3.6% to HK$573.72 million)
.