Hung Hing Printing Group Limited operates in the Book printing sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Hung Hing Printing Group Limited with three other
printers in Asia:
Kosaido Company, Ltd.
of JAPAN
(2019
sales of 36.20 billion Japanese Yen [US$342.77 million]
of which 76%
was Information),
Lion Rock Group Ltd
(1.61 billion Hong Kong Dollars [US$207.35 million]
of which 100%
was Provision of Printing Services), and
Abundance International Ltd
which is
based in SINGAPORE
(491.28 million Singapore Dollars [US$356.25 million]
).
Sales Analysis.
Hung Hing Printing Group Limited reported sales of HK$3.08 billion (US$397.92 million)
for the
year ending
December of 2019.
This
represents
a
decrease of 5.9%
versus 2018, when the company's sales were HK$3.28 billion.
The sales level in 2019 was fairly close to the level five years ago: in 2014, Hung Hing Printing Group Limited had sales
of HK$2.99 billion.
Contributing to the drop in overall sales was the 21.0% decline
in Paper Trading, from HK$387.74 million to HK$306.30 million.
There were also decreases in sales in
Consumer Products Packaging (down 19.9% to HK$602.70 million)
and
Corrugated Box (down 2.7% to HK$278.20 million)
.
However, these declines were partially offset by the increase in sales of
Book and Package Printing (up 2.5% to HK$1.90 billion)
.