Solartech International Holdings Limited operates in the Copper rolling & drawing sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Solartech International Holdings Limited with three other
copper companies in Asia:
Bhagyanagar India Limited
of INDIA
(2020
sales of 5.62 billion Indian Rupees [US$77.72 million]
of which 99%
was Copper Division),
Arcotech Ltd
of INDIA
(754.90 million Indian Rupees [US$10.43 million]
), and
Cmi Ltd
which is
also
based in INDIA
(4.98 billion Indian Rupees [US$68.86 million]
of which 100%
was Cable).
Sales Analysis.
Solartech International Holdings Limited reported sales of HK$288.27 million (US$37.18 million)
for the
fiscal
year ending
June of 2020.
This
represents
a
decrease of 9.1%
versus 2019, when the company's sales were HK$317.13 million.
Contributing to the drop in overall sales was the 23.1% decline
in Copper Rods, from HK$127.42 million to HK$98.05 million.
.
However, these declines were partially offset by the increase in sales of
Cables and Wires (up 1.0% to HK$178.21 million)
and
Investment Properties (up 30.8% to HK$12.02 million)
.